The Cost Effectiveness of a Control System Is Measured By

Multiple Choice

The cost effectiveness of a control system is measured by:

A) comparing the cost of implementing the control system with the cost reductions achieved by using the system.
B) evaluating how well the control system helps identify what corrective action is necessary to bring actual operating results closer to established standards of performance.
C) assessing the timeliness by which control information is made available to managers.
D) determining whether the control system gives priority to factors that are most relevant to attaining the operation's goals.