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  3. Study Set
    Introduction to Management Accounting Study Set 2
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    Exam 9: Management Control Systems and Responsibility Accounting
  5. Question
    _____ Is the First Step in Designing a Management Control
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_____ Is the First Step in Designing a Management Control

Question 137

Question 137

Multiple Choice

_____ is the first step in designing a management control system.


A) Evaluating management's performance
B) Establishing organizational goals
C) Preparing financial statements
D) Distinguishing between profit centers and cost centers

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