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  3. Study Set
    Introduction to Management Accounting Study Set 1
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    Exam 9: Management Control Systems and Responsibility Accounting
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    Which of the Following Is the First and Most Basic
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Which of the Following Is the First and Most Basic

Question 31

Question 31

Multiple Choice

Which of the following is the first and most basic component in a management control system?


A) the organization's long-range budget
B) the organization's goals
C) the stockholders' goals
D) managerial effort

Correct Answer:

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