Exam 19: Basic Elements of Control

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A plant manager is told that she has 8,000 labor hours to allocate in a week. This is an example of a(n) ____ budget.

(Multiple Choice)
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Organizational control is

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Reporters who verify stories with additional sources are using screening control.

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Sources of cash include sales revenue, short- and long-term loans, the sale of assets, and the issuance of new stock.

(True/False)
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Identify a goal you have (such as starting a career). Describe five specific actions you can take that will control your behavior and help you work toward achieving that goal. How will you measure your progress?

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One purpose of control is to simplify organizations.

(True/False)
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____ ratios indicate the effectiveness of specific functional areas rather than that of the total organization.

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If objective data are available, they will provide more useful information than will mere subjective impressions.

(True/False)
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Budgets

(Multiple Choice)
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Once a year Boy Scout troops submit financial reports describing income and expenditures. This is an example of ____ control.

(Multiple Choice)
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An effective way to promote employee participation in the control process is to use screening controls.

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Describe the steps in the control process.

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Which of the following is a type of financial budget that deals with forecasting the organization's assets and liabilities in the event all other budgets are met?

(Multiple Choice)
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Quality control is one type of ____ control.

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Nordstrom, the department store chain, is also moving toward ____________________ control as it works to centralize all of its purchasing in an effort to lower costs.

(Short Answer)
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After comparing performance against control standards managers should never change the standard.

(True/False)
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Which of the following is NOT a major form of operations control discussed in the text?

(Multiple Choice)
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Which of the following is NOT characteristic of the bureaucratic approach to organizational control?

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The percentage of graduates who find a job within six months of graduation is a ____ control for colleges and universities.

(Multiple Choice)
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The term objective as it relates to controls means that the controls

(Multiple Choice)
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