Exam 14: Basic Elements of Control

The report issued about a major packaging defect showed a culture at an organization that did not listen when small safety issues were raised. Each issue by itself might not have caused the flaw. This example illustrates:

Match the following numbered items with the most correct response letter. A response may be used once, more than once, or not at all. -Hiring only college graduates for entry level positions

What is postaction control?

A(n) _____ budget forecasts the organization's assets and liabilities in the event that all other budgets are met.

Match the following numbered items with the most correct response letter. A response may be used once, more than once, or not at all. -Randomly testing phones as they are assembled

Which of the following statements about financial audits is true?

A(n) _____ compares different elements of a balance sheet or an income statement to one another.

Managers can improve the effectiveness of the control system by:

An organizational control system that enforces unique employee dress codes for different days of the week is guilty of:

An appraisal of an organization's accounting and financial procedures conducted by employees of that organization is known as a(n):

The final step in the control process is:

Which of the following types of operations control relies heavily on feedback processes?

Monitoring receivables to make sure customers are paying their bills on time is an example of _____ control.

A(n) _____ lists the assets and liabilities of an organization at a specific point in time.

A multinational construction firm does not require its various divisions to report frequently to the head office. The organization believes in letting each manager have the authority to respond quickly to environmental changes. These managerial actions do not have to be approved by the head office before they are implemented. This firm uses _____ strategic control.

_____ control attempts to monitor the quality or quantity of resources before they enter an organization.

Which of the following types of control focuses on leadership and technology control systems?

An organization shifts its budget from a few, large projects to accommodate a number of smaller projects every year. It also decentralizes power and gives additional responsibilities to individual project managers. This is an example of the use of _____ control.

Hermes is a taxi service that asks customers to fill out an online feedback form once their ride is complete. Hermes is making use of _____ operations control.

A publisher of children's books only uses recycled paper for all its products. This is an example of _____ operations control.