Exam 13: Foundations of Control

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If a manager asks how and why performance has deviated, and then corrects the source of the deviation, she is using

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Both over- and under- variances require managerial action.

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Which of the following is not a feed forward control measure for reducing employee theft and fraud?

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Which is probably most cost effective for a small business?

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Employee theft is defined as any authorized taking of company property by employees for their personal use.

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Financial statements are an example of _____________ control.

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