Question

The operational control information system is a cost management subsystem:

a. designed to provide accurate and timely feedback concerning the performance of managers and others relative to their planning and control of activities.
b. used to provide information for investment decisions, stewardship evaluation, activity monitoring, and regulatory measures.
c. in which the nature of the inputs and the rules and conventions governing processes are defined by the Securities and Exchange Commission (SEC).
d. that is primarily concerned with producing outputs for external users.

Answer 1

The operational control information system is a cost management subsystem designed to provide accurate and timely feedback concerning the performance of managers and others relative to their planning and control of activities.

Step-by-step explanation:

The operational control information system is a cost management subsystem designed to provide accurate and timely feedback concerning the performance of managers and others relative to their planning and control of activities. It helps monitor and evaluate the effectiveness and efficiency of operations by providing information on key performance indicators and variances from planned targets. This system is internal to the organization and is used for decision making at various levels of management.