Multiple choice

Directions: Choose the correct option for the given question.

Cost control is a preventive function where as cost reduction is a ____ function.

  1. controlling

  2. planning

  3. corrective

  4. defective

  5. none of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Cost control is preventive, aiming to keep costs within standards. Cost reduction is corrective, aiming to improve existing processes to lower costs permanently.

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