Asked by
Bryanna Fouser
on Nov 24, 2024Verified
A cost report showing budget overruns on a project completed during the prior month is an example of which type of control?
A) Preliminary control
B) Cost control
C) Managerial control
D) Steering control
E) Feedback control
Feedback Control
A management technique in which performance is measured and compared against desired outcomes, and adjustments are made as necessary to achieve objectives.
Budget Overruns
Situations where the actual spending on a project or operation exceeds its initially planned or allocated budget.
- Recognize the assorted control systems employed in management (feedforward, concurrent, feedback, and internal controls) and their implementation.
Verified Answer
PL
Learning Objectives
- Recognize the assorted control systems employed in management (feedforward, concurrent, feedback, and internal controls) and their implementation.
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