Terms to Learn

This chapter and the Glossary at the end of the text contain definitions of the following important terms:

  1. belief systems
  2. boundary systems
  3. current cost
  4. diagnostic control systems
  5. economic value added (EVA)
  6. imputed cost
  7. interactive control systems
  8. investment
  9. moral hazard
  10. residual income (RI)
  11. return on investment (ROI)