Question 1

The final step in the control process is to determine the need for ____________________ action.

Accepted Answer

The answer of The final step in the control process...

Question 2

An operating budget is a budget that determines the number of units to be produced during the coming time period.

Accepted Answer

A) True 
 B)False

Question 3

____________________ provides an organization with a mechanism for adjusting its course if performance falls outside of acceptable boundaries.

Accepted Answer

The answer of ____________________ provides an organization with a mechanism...

Question 4

A(n) ____ is a financial statement that presents a picture of the organization's financial performance over a period of time as opposed to a single point in time.

Accepted Answer

A)  balance sheet 
B)  operating budget 
C)  income statement 
D)  sales budget 
E)  capital expenditures budget 
A)  balance sheet 
B)  operating budget 
C)  income statement 
D)  sales budget 
E)  capital expenditures budget

Question 5

External audits examine the efficiency and appropriateness of financial and accounting procedures.

Accepted Answer

A) True 
 B)False

Question 6

On the end-of-year report for Yoplait yogurt, the division manager noted that "the gross margin for the product was lower than expected." This statement indicates that the control system used by Yoplait might lack

Accepted Answer

A)  objectivity. 
B)  flexibility. 
C)  accuracy. 
D)  timeliness. 
E)  integration with planning. 
A)  objectivity. 
B)  flexibility. 
C)  accuracy. 
D)  timeliness. 
E)  integration with planning.

Question 7

____________________ control generally focuses on structure, leadership, technology, human resources, and information and operating systems.

Accepted Answer

The answer of ____________________ control generally focuses on structure, leadership,...

Question 8

In 2015, the Chinese stock market had a major decline that spread around the world.  Companies with financial controls, that foresaw a major adjustment coming, accumulated cash and were prepared to buy back their own shares at low prices and help prevent their stock from sliding down further.  The controls helped the company

Accepted Answer

A)  cope with organizational complexity. 
B)  adapt to environmental change. 
C)  limit the accumulation of errors. 
D)  minimize costs. 
E)  cope with multiple control standards. 
A)  cope with organizational complexity. 
B)  adapt to environmental change. 
C)  limit the accumulation of errors. 
D)  minimize costs. 
E)  cope with multiple control standards.

Question 9

Discuss the relationship between strategy and control for a global organization.

Accepted Answer

The relationship between strategy and co

Question 10

Overcontrol is most problematic in areas dealing with ____ resources.

Accepted Answer

A)  financial 
B)  physical 
C)  human 
D)  information 
E)  international 
A)  financial 
B)  physical 
C)  human 
D)  information 
E)  international

Question 11

Managers make a surprisingly large number of decisions based on inaccurate information.

Accepted Answer

A) True 
 B)False

Question 12

____________________ budgets focus on such factors as units of output and allocation of space.

Accepted Answer

The answer of ____________________ budgets focus on such factors as...

Question 13

Toyota is designing a new car. At the same time it is planning the recycling abilities of the parts. Toyota is effectively integrating planning and control processes.

Accepted Answer

A) True 
 B)False

Question 14

Thousands of people audition each year to be contestants on American Idol . The audition is an example of a ____ control.

Accepted Answer

A)  screening 
B)  preliminary 
C)  concurrent 
D)  postaction 
E)  feedback 
A)  screening 
B)  preliminary 
C)  concurrent 
D)  postaction 
E)  feedback

Question 15

General Plastics Corporation instituted a new absenteeism control policy that took effect the first day of June. It expects the new policy to result in a 25 percent reduction in absenteeism the first year. Like the previous policy, the new program counts vacation days as absenteeism. On the first of September, the personnel director evaluated the results of the program for the first three months and was disappointed to find that absenteeism had dropped only half of 1 percent. What is the likely problem?

Accepted Answer

A)  Employees are resisting control. 
B)  The indicator of success was inappropriate. 
C)  Control is inappropriately focused. 
D)  The standard is not specific enough. 
E)  A reduction of 25 percent is too much to hope for. 
A)  Employees are resisting control. 
B)  The indicator of success was inappropriate. 
C)  Control is inappropriately focused. 
D)  The standard is not specific enough. 
E)  A reduction of 25 percent is too much to hope for.

Question 16

The level of control designed to ensure that the organization meets its goals is ____ control.

Accepted Answer

A)  operations 
B)  organizational 
C)  functional 
D)  strategic 
E)  administrative 
A)  operations 
B)  organizational 
C)  functional 
D)  strategic 
E)  administrative

Question 17

The calculation of one or more financial ratios to assess some aspect of the organization's financial health is the ____________________ analysis.

Accepted Answer

The answer of The calculation of one or more financial...

Question 18

Anu is comparing the performance of her small landscaping business against the standards she established. When she has finished her comparisons, any of the following actions may be appropriate EXCEPT

Accepted Answer

A)  correct deviations as required. 
B)  maintain the status quo. 
C)  increase the control standards. 
D)  eliminate the control if things went as planned. 
E)  decrease the control standards. 
A)  correct deviations as required. 
B)  maintain the status quo. 
C)  increase the control standards. 
D)  eliminate the control if things went as planned. 
E)  decrease the control standards.

Question 19

At the end of the control process there are three possible courses of action. Describe them.

Accepted Answer

The three possible courses of action at

Question 20

Amazon asks customers to rate their experience with the product and service. This is an example of ____ control.

Accepted Answer

A)  preliminary 
B)  screening 
C)  postaction 
D)  cybernetic 
E)  feedback 
A)  preliminary 
B)  screening 
C)  postaction 
D)  cybernetic 
E)  feedback

The final step in the control process is to determine the need for ____________________ action.

An operating budget is a budget that determines the number of units to be produced during the coming time period.

____________________ provides an organization with a mechanism for adjusting its course if performance falls outside of acceptable boundaries.

A(n) ____ is a financial statement that presents a picture of the organization's financial performance over a period of time as opposed to a single point in time.

External audits examine the efficiency and appropriateness of financial and accounting procedures.

On the end-of-year report for Yoplait yogurt, the division manager noted that "the gross margin for the product was lower than expected." This statement indicates that the control system used by Yoplait might lack

____________________ control generally focuses on structure, leadership, technology, human resources, and information and operating systems.

Discuss the relationship between strategy and control for a global organization.

Overcontrol is most problematic in areas dealing with ____ resources.

Managers make a surprisingly large number of decisions based on inaccurate information.

____________________ budgets focus on such factors as units of output and allocation of space.

Toyota is designing a new car. At the same time it is planning the recycling abilities of the parts. Toyota is effectively integrating planning and control processes.

Thousands of people audition each year to be contestants on American Idol . The audition is an example of a ____ control.

The level of control designed to ensure that the organization meets its goals is ____ control.

The calculation of one or more financial ratios to assess some aspect of the organization's financial health is the ____________________ analysis.

Anu is comparing the performance of her small landscaping business against the standards she established. When she has finished her comparisons, any of the following actions may be appropriate EXCEPT

At the end of the control process there are three possible courses of action. Describe them.

Amazon asks customers to rate their experience with the product and service. This is an example of ____ control.

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

The final step in the control process is to determine the need for ____________________ action.

An operating budget is a budget that determines the number of units to be produced during the coming time period.

____________________ provides an organization with a mechanism for adjusting its course if performance falls outside of acceptable boundaries.

A(n) ____ is a financial statement that presents a picture of the organization's financial performance over a period of time as opposed to a single point in time.

External audits examine the efficiency and appropriateness of financial and accounting procedures.

On the end-of-year report for Yoplait yogurt, the division manager noted that "the gross margin for the product was lower than expected." This statement indicates that the control system used by Yoplait might lack

____________________ control generally focuses on structure, leadership, technology, human resources, and information and operating systems.

Discuss the relationship between strategy and control for a global organization.

Overcontrol is most problematic in areas dealing with ____ resources.

Managers make a surprisingly large number of decisions based on inaccurate information.

____________________ budgets focus on such factors as units of output and allocation of space.

Toyota is designing a new car. At the same time it is planning the recycling abilities of the parts. Toyota is effectively integrating planning and control processes.

Thousands of people audition each year to be contestants on American Idol . The audition is an example of a ____ control.

The level of control designed to ensure that the organization meets its goals is ____ control.

The calculation of one or more financial ratios to assess some aspect of the organization's financial health is the ____________________ analysis.

Anu is comparing the performance of her small landscaping business against the standards she established. When she has finished her comparisons, any of the following actions may be appropriate EXCEPT

At the end of the control process there are three possible courses of action. Describe them.

Amazon asks customers to rate their experience with the product and service. This is an example of ____ control.

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