Question 1

Participation in a control system

Accepted Answer

A)  causes employees to resist control. 
B)  is a technique for overcoming resistance to controls. 
C)  is a criterion for making a control effective. 
D)  is a step in the control process. 
E)  is an action taken after evaluation control. 
A)  causes employees to resist control. 
B)  is a technique for overcoming resistance to controls. 
C)  is a criterion for making a control effective. 
D)  is a step in the control process. 
E)  is an action taken after evaluation control.

Question 2

The most common controls are screening controls.

Accepted Answer

A) True 
 B)False

Question 3

A production manager argues that the increase in absenteeism is caused by decreased recruiting and placement standards. The argument is supported by personnel documents. This is an example of

Accepted Answer

A)  overcoming resistance to control. 
B)  overcontrol. 
C)  objectivity. 
D)  participation. 
E)  checks and balances. 
A)  overcoming resistance to control. 
B)  overcontrol. 
C)  objectivity. 
D)  participation. 
E)  checks and balances.

Question 4

Bureaucratic control is outdated and not effective any more.

Accepted Answer

A) True 
 B)False

Question 5

The financial statement that reflects revenues and expenses over a period of time is the ____________________.

Accepted Answer

The answer of The financial statement that reflects revenues and...

Question 6

The Sarbanes-Oxley Act, passed after the fall of Enron and Arthur Andersen, requires accounting firms to separate the auditing function from the consulting function. This example illustrates

Accepted Answer

A)  organizational complexity. 
B)  how changing conditions are influenced by innovation. 
C)  why control is necessary to reduce the accumulation of errors. 
D)  how control helps organizations respond to changing standards. 
E)  All of these choices 
A)  organizational complexity. 
B)  how changing conditions are influenced by innovation. 
C)  why control is necessary to reduce the accumulation of errors. 
D)  how control helps organizations respond to changing standards. 
E)  All of these choices

Question 7

Managers can improve the effectiveness of the control system by

Accepted Answer

A)  changing the performance standards. 
B)  controlling as many things in the organization as possible. 
C)  computerizing the system. 
D)  integrating control with planning. 
E)  correcting all deviations from standards. 
A)  changing the performance standards. 
B)  controlling as many things in the organization as possible. 
C)  computerizing the system. 
D)  integrating control with planning. 
E)  correcting all deviations from standards.

Question 8

An after-action report is a screening control.

Accepted Answer

A) True 
 B)False

Question 9

Bernard Madoff and his CFO were convicted of fraud. Could internal audits have prevented the downfall of Bernard L. Madoff Investment Securities LLC? Why or why not?

Accepted Answer

Internal audits could have potentially p

Question 10

Standards used in organizational control are most like

Accepted Answer

A)  policies. 
B)  strategies. 
C)  goals. 
D)  rules. 
E)  standing plans. 
A)  policies. 
B)  strategies. 
C)  goals. 
D)  rules. 
E)  standing plans.

Question 11

Former Secretary of State Hillary Clinton had her own personal server.  This went against government security policies.  Clinton demonstrated

Accepted Answer

A)  lack of accountability. 
B)  inappropriate focus. 
C)  resistance to control. 
D)  overcontrol. 
E)  lack of standards. 
A)  lack of accountability. 
B)  inappropriate focus. 
C)  resistance to control. 
D)  overcontrol. 
E)  lack of standards.

Question 12

Which of the following is NOT a characteristic of effective controls?

Accepted Answer

A)  Flexibility 
B)  Accuracy 
C)  Accountability 
D)  Timeliness 
E)  Objectivity 
A)  Flexibility 
B)  Accuracy 
C)  Accountability 
D)  Timeliness 
E)  Objectivity

Question 13

The University of Michigan develops a budget that shows its projected income from sources such as the state of Michigan, tuition and fees, alumni contributions, and research grants. This is an example of a(n) ____ budget.

Accepted Answer

A)  revenue 
B)  output 
C)  capital expenditures 
D)  balance sheet 
E)  cash-flow 
A)  revenue 
B)  output 
C)  capital expenditures 
D)  balance sheet 
E)  cash-flow

Question 14

What are the characteristics of effective controls?

Accepted Answer

Effective controls are essential for the

Question 15

Would you rather work in a company with bureaucratic or decentralized control? Why?

Accepted Answer

I would rather work in a company with de

Question 16

After evaluation, an appropriate decision may be to

Accepted Answer

A)  raise standards. 
B)  do nothing. 
C)  correct the deviation. 
D)  lower standards. 
E)  Do any of these choices 
A)  raise standards. 
B)  do nothing. 
C)  correct the deviation. 
D)  lower standards. 
E)  Do any of these choices

Question 17

The last step in the control process is to

Accepted Answer

A)  establish standards. 
B)  determine the need for corrective action. 
C)  compare performance against standards. 
D)  measure performance. 
E)  maintain the status quo. 
A)  establish standards. 
B)  determine the need for corrective action. 
C)  compare performance against standards. 
D)  measure performance. 
E)  maintain the status quo.

Question 18

Operations controls monitor input, transformation, and output.

Accepted Answer

A) True 
 B)False

Question 19

Multiple standards and information systems provide checks and balances in control and allow the organization to verify the ____________________ of performance indicators.

Accepted Answer

The answer of Multiple standards and information systems provide checks...

Question 20

Preventing small mistakes and errors from adding up to large problems is called limiting the ____________________.

Accepted Answer

accumulati

Participation in a control system

The most common controls are screening controls.

A production manager argues that the increase in absenteeism is caused by decreased recruiting and placement standards. The argument is supported by personnel documents. This is an example of

Bureaucratic control is outdated and not effective any more.

The financial statement that reflects revenues and expenses over a period of time is the ____________________.

The Sarbanes-Oxley Act, passed after the fall of Enron and Arthur Andersen, requires accounting firms to separate the auditing function from the consulting function. This example illustrates

Managers can improve the effectiveness of the control system by

An after-action report is a screening control.

Bernard Madoff and his CFO were convicted of fraud. Could internal audits have prevented the downfall of Bernard L. Madoff Investment Securities LLC? Why or why not?

Standards used in organizational control are most like

Former Secretary of State Hillary Clinton had her own personal server. This went against government security policies. Clinton demonstrated

Which of the following is NOT a characteristic of effective controls?

The University of Michigan develops a budget that shows its projected income from sources such as the state of Michigan, tuition and fees, alumni contributions, and research grants. This is an example of a(n) ____ budget.

What are the characteristics of effective controls?

Would you rather work in a company with bureaucratic or decentralized control? Why?

After evaluation, an appropriate decision may be to

The last step in the control process is to

Operations controls monitor input, transformation, and output.

Multiple standards and information systems provide checks and balances in control and allow the organization to verify the ____________________ of performance indicators.

Preventing small mistakes and errors from adding up to large problems is called limiting the ____________________.

Managing and the Managers Job

Traditional and Contemporary Opportunitieschallenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Organization Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Process

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Managing Operations, Quality and Productivity

Filters

Exam 19: Basic Elements of Control

Participation in a control system

The most common controls are screening controls.

A production manager argues that the increase in absenteeism is caused by decreased recruiting and placement standards. The argument is supported by personnel documents. This is an example of

Bureaucratic control is outdated and not effective any more.

The financial statement that reflects revenues and expenses over a period of time is the ____________________.

The Sarbanes-Oxley Act, passed after the fall of Enron and Arthur Andersen, requires accounting firms to separate the auditing function from the consulting function. This example illustrates

Managers can improve the effectiveness of the control system by

An after-action report is a screening control.

Bernard Madoff and his CFO were convicted of fraud. Could internal audits have prevented the downfall of Bernard L. Madoff Investment Securities LLC? Why or why not?

Standards used in organizational control are most like

Former Secretary of State Hillary Clinton had her own personal server. This went against government security policies. Clinton demonstrated

Which of the following is NOT a characteristic of effective controls?

The University of Michigan develops a budget that shows its projected income from sources such as the state of Michigan, tuition and fees, alumni contributions, and research grants. This is an example of a(n) ____ budget.

What are the characteristics of effective controls?

Would you rather work in a company with bureaucratic or decentralized control? Why?

After evaluation, an appropriate decision may be to

The last step in the control process is to

Operations controls monitor input, transformation, and output.

Multiple standards and information systems provide checks and balances in control and allow the organization to verify the ____________________ of performance indicators.

Preventing small mistakes and errors from adding up to large problems is called limiting the ____________________.

Managing and the Managers Job

Traditional and Contemporary Opportunitieschallenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Organization Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Process

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Managing Operations, Quality and Productivity

Filters