Question
Which of the following approaches would best help a company control overly optimistic forecasts made by managers wishing to pursue a pet investment project? A.
Which of the following approaches would best help a company control overly optimistic forecasts made by managers wishing to pursue a "pet" investment project?
A. Don't allow managers to control projects that they have proposed B. Set a high hurdle rate C. Don't reward managers based on performance D. Compare projections with actual results
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Cost Accounting For Managerial Planning Decision Making And Control
Authors: Andrew Schiff, Hsihui Chang, Woody M Liao, James L Boockholdt
5th Edition
0759340412, 978-0759340411
