In Terms of Using Accounting Data to Build an Effective

Multiple Choice

In terms of using accounting data to build an effective management control system,what is the nirvana fallacy?

A) It is the tendency to use market-based transfer prices.
B) It is the system of using accounting data for both decision management and decision control.
C) It is the tendency to use cost centers rather than profit centers as the core of business structure.
D) It is the belief that a perfect control system can be invented that will stop all fraud.