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    Management Accounting Study Set 1
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    Exam 13: Management Control Systems, the Balanced Scorecard, and Responsibility Accounting
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    The First Step in Designing a Management Control System Is
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The First Step in Designing a Management Control System Is

Question 29

Question 29

Multiple Choice

The first step in designing a management control system is


A) evaluating management's performance.
B) establishing organizational goals.
C) preparing financial statements.
D) distinguishing between profit centres and cost centres.

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