Under which functional area standards related to capital expenditure are determined?

Production Marketing HRM Finance and Accounting

Finance and Accounting

The correct answer is Option (4) - Finance and Accounting. Standards used in Functional Areas to Gauge Performance Production Marketing Human Resource Management Finance and Accounting Quantity Sales volume Labour relations Capital expenditure Quality Sales expense Labour turnover Inventory Cost Advertising expenditure Labour absenteeism Flow of capital Individual job Individual   Liquidity Performance Sales-person’s performance