Learning Objectives

After studying this chapter, you should be able to:

  • List the four stages of the systems process and describe the type of control used at each stage.
  • Identify the four steps in the control systems process, and describe the differences among the three categories of control frequency. 
  • Discuss the three parts of the master budgeting process, and compare bonds and stock.
  • Explain the relationship between coaching, management counseling, and discipline.