Cost Accounting, Student Value Edition (15th Edition)
Cost Accounting, Student Value Edition (15th Edition)
15th Edition
ISBN: 9780133428858
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
Question
Book Icon
Chapter 23, Problem 23.15Q
To determine

Performance evaluation:

Performance evaluation refers to the process of assessing how an individual or a firm is performing in the respective field. It helps identify the loopholes or drawbacks and thereby alleviate them. Its main goal is to acquire a higher level of quality and quantity in the work produced.

To state: The four levels of control.

Blurred answer
Students have asked these similar questions
What are the five components of internal control? Briefly explain each component.
Give three examples of application controls.
What are the five components of an internal control system?