Exam 14: Fundamentals of Controlling

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

When an employee's job routine does not lend itself to reports, the supervisor may have to rely on periodic spot checks.

(True/False)
4.9/5
(33)

Historical data does not provide much value when budgeting for the future.

(True/False)
4.8/5
(45)

The extent of involvement that a supervisor has with a budget is to simply ensure performance expectations are met within the contraints of a budget.

(True/False)
4.8/5
(40)

Without spot checking, supervisors have no control mechanisms to monitor performance.

(True/False)
4.9/5
(42)

The word control often elicits negative reactions.

(True/False)
4.7/5
(39)

One method by which performance can be measured is by direct observation and personal contact.

(True/False)
4.8/5
(36)

If controls are confusing, the supervisor should devise new controls that meet the departmental needs and are understandable to everyone who uses them.

(True/False)
4.9/5
(35)

Inventory control means maintaining quality standards for products and services.

(True/False)
4.9/5
(43)

Oral and written reports are probably the best way for supervisors to monitor employee performance.

(True/False)
4.8/5
(33)

The exception principle is the concept that supervisors should concentrate their investigations on activities that deviate substantially from standards.

(True/False)
4.8/5
(38)

When allowing an employee to work on an assignment without close supervision, the supervisor should leave the employee completely alone until it is time to view the final results.

(True/False)
4.9/5
(37)

If performance is satisfactory, the number of standards will typcially remain the same.

(True/False)
4.9/5
(45)

When top management issues an order to cut costs across the board, supervisors should stop buying supplies and eliminate preventive maintenance programs.

(True/False)
4.8/5
(35)

At Thomaston Sporting Goods Emporium, the controls applied over firearms should be more stringent than the controls it applies over fishing equipment.

(True/False)
4.8/5
(35)

Standards may be defined as specific criteria against which to evaluate results.

(True/False)
4.8/5
(28)

Everyone uses feedforward controls at one time or another.

(True/False)
4.8/5
(46)

Which of the following is NOT a characteristic that a supervisor looks for when choosing one standard over another as a strategic control point?

(Multiple Choice)
4.9/5
(39)

Supervisors who play a key role in cost reduction usually do so with the help of their employees.

(True/False)
4.8/5
(32)

Once the budget is approved by higher-level management, supervisors have no more contact with it or interest in it until the next budget cycle.

(True/False)
4.7/5
(33)

Companies often give cost-cutting orders as a result of competition from other businesses.

(True/False)
4.8/5
(42)
Showing 41 - 60 of 80
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)