Which of the following are characteristics of economic agents?a. They participate in economic events, but do not assume control of the resources.b. They participate in economic events, but not in support events.c. Internal agents are employees of the company whose system is being modeled.d. External agents are not employees of the company whose system is being modeled.e. All of the above describe agents.
Which of the following are characteristics of economic agents?a. They participate in economic events, but do not assume control of the resources.b. They participate in economic events, but not in support events.c. Internal agents are employees of the company whose system is being modeled.d. External agents are not employees of the company whose system is being modeled.e. All of the above describe agents.
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 2MC: Which of the following does not describe a management control system? A. establishes a companys...
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Which of the following are characteristics of economic agents?
a. They participate in economic events, but do not assume control of the resources.
b. They participate in economic events, but not in support events.
c. Internal agents are employees of the company whose system is being modeled.
d. External agents are not employees of the company whose system is being modeled.
e. All of the above describe agents.
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