10. Moral hazard is best described in contexts in which a. division managers cite enormous top management pressures "to make the budget" as excuses for not adhering to ethical accounting policies and procedures. b. the numbers that subunit managers report should be uncontaminated by "cooking the books." C. an employee prefers to exert less effort than desired by the owner because the effort cannot be accurately monitored and enforced. d. socially companies set aggressive environmental goals and measure and report their performance against them.
10. Moral hazard is best described in contexts in which a. division managers cite enormous top management pressures "to make the budget" as excuses for not adhering to ethical accounting policies and procedures. b. the numbers that subunit managers report should be uncontaminated by "cooking the books." C. an employee prefers to exert less effort than desired by the owner because the effort cannot be accurately monitored and enforced. d. socially companies set aggressive environmental goals and measure and report their performance against them.
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 8MC: What should an organization do if performance measures change? A. Make sure that the manager being...
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10. Moral hazard is best described in contexts in which a. division managers cite enormous top management pressures "to make the budget" as excuses for not adhering to ethical accounting policies and procedures.
b. the numbers that subunit managers report should be uncontaminated by "cooking the books."
C. an employee prefers to exert less effort than desired by the owner because the effort cannot be accurately monitored and enforced.
d. socially companies set aggressive environmental goals and measure and report their performance against them.
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