1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gre4nikov [31]
3 years ago
14

Contours, Inc., knows each drill bit can cut approximately 100,000 holes before the hole size is smaller than the print specific

ation so it changes drill bits after 95,000 uses.
Contours, Inc., is using ________ control.

A. concurrent
B. predictive
C. feedforward
D. preventive
Business
1 answer:
anzhelika [568]3 years ago
0 0

Answer:

A. Concurrent Control

Explanation:

Management control represents organisational effort to set objectives and design adequate monitoring mechanisms to be able to constantly compare actual performance of systems to the set objectives or standards. In situations where deviations are recorded, adequate mechanisms are put in place to measure the level of the deviations and also take corrective actions.

There are three different types of controls that an organisation can employ in its strategic management efforts. They include Feedforward, Concurrent and Feedback Controls. Controls are meaure taken by organisations focusing on

The feedforward control concentrates on input regulation to ensure that predetermined objectives and performance standards are achieved with little or no deviations. Feedforward system is also called a preventive, steering and a predictive system. It ensures that resources such as finance, human and capital resources are adequately regulated.

The feedback system waits for the output of processes to find out if there were deviations in the performance standard set or not. If there were deviations, then controls are put in place to ensure that the next batch of production meet standard.

Concurrent Control on the other hand, is a control system that seeks to ensure that adequate output and performance standard is maintained by regulating ongoing processes to ensure conformity to standard. It is also called the screening or yes-no control. It also requires a close monitoring of the tasks and activities on-going and making relevant queries to stop deviations or minimize deviations

Contours, Inc already knows that the limit of the drill bit is 100,000 holes and if allowed to reach this limit, the out in form of hole sizes will deviate from the standard, it will be smaller than the expected specification. Contours is therefore ensuring that the drill does not get to its limit by changing the bit at 95,000 uses to ensure that standards are met and deviations are avoided.

This is the concurrent control, the yes-no query is this:

Are we at 95,000 drills? If yes, change the drill, if no, continue the drilling

Of course, it will cost Contours more financial obligation because, the drill can still make about 5,000 holes before it deviates but it is a chance the organisation is not ready to take.

You might be interested in
Identifying the needs a business will address is a good example of the _______ of the organization.
Flura [38]
The answer for this question is C.
8 0
3 years ago
Read 2 more answers
Over the years, the Securities and Exchange Commission (SEC) has delegated its statutory authority to establish accounting princ
dimulka [17.4K]

The delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.

<h3>What is the role of the SEC?</h3>

The Securities and Exchange Commission (SEC) is a well-recognized U.S. government oversight agency.

It is responsible for regulating the securities markets and protecting investors' investments.

It does this, by:

  • Maintaining fair, orderly, and efficient markets
  • Ensuring compliance with financial regulations
  • Ensuring transparency in financial reporting
  • Facilitating capital formation.

Thus, the delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.

Learn more about the Securities and Exchange Commission at brainly.com/question/3798508

3 0
1 year ago
GASB has issued a proposed standard that would more clearly define fiduciary activities and change the categories of fiduciary f
kramer

Answer:

a. Custodial fund

Explanation:

Custodial transaction and fund refers to the transaction, in which there is a beneficiary and a responsible. The responsible person manages the transactions of custodial account, and takes proper care of return and investment on such account.

This is basically an agency service as the person who is beneficiary is just depositing the amount top be invested which is then taken care of as an agent.

The correct option is a.

Custodial Fund.

3 0
3 years ago
&gt;Leland pays premiums of $5,000 for an insurance policy in the face amount of $25,000 upon the life of Caleb and subsequently
Ymorist [56]

Answer:

He can include $16,000 in his gross income.

Explanation:

As the life insurance policy was transferred for some valuable consideration so the amount of valuable consideration will be deducted from the insurance proceeds.

Also premium paid by the transferee will be deducted from proceeds.

Now as the transferee received $25,000 from insuarance company.

So Tylor can include $25,000 less $7,500 less $1,500 in his gross income.

He can include $16,000 in his gross income.

6 0
3 years ago
When there is more choice for proceducers and consumers, that is a Command Economy.
yaroslaw [1]
Correct Answer: False
7 0
3 years ago
Other questions:
  • The concept of "benchmarking" is: a. The process of comparing a particular company with a subset of the competitors in the indus
    5·1 answer
  • PLEASE HELP ME???
    9·1 answer
  • Which of the following assertions is true?
    15·1 answer
  • In this type of layout, machines and equipment, materials and people are brought next to the product as they are needed. What ty
    5·1 answer
  • When you borrow $50 from your rich cousin, then pay her back $60. What is the original $50 called
    14·1 answer
  • A fabric company can produce 11,000 yards of fabric per year currently. The company's goal is to increase the amount of fabric i
    12·1 answer
  • They are chasing a dog convert into passive voice​
    13·1 answer
  • Metlock Company has identified that the cost of a new computer will be $44000, but with the use of the new computer, net income
    11·1 answer
  • Suppose you were writing a social media plan for Two Scoops, with two objectives: to improve brand awareness in new markets and
    11·1 answer
  • how might an interactive leader like mary barra communicate a policy change that impacts all gm employees from executive-level m
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!