Traditional Financial Control Systems Have Recently Been Criticized Because

Multiple Choice

Traditional financial control systems have recently been criticized because:

A) They use flexible, not static, budgets.
B) They generally lead to goal-congruent behavior on the part of managers.
C) They focus more in improving basic business processes than short-term financial results.
D) They fail to incorporate nonfinancial performance indicators into the evaluation process.
E) They provide performance data on a real-time basis.