Question 1

What are the five areas of performance that standards measure?

Accepted Answer

Standards measure pe

Question 2

Who are the primary customers/stakeholders for the outputs of the operations,marketing,human resources,finance,and information functional areas/departments?

Accepted Answer

The marketing department is the primary

Question 3

The type of constant control that uses policies,procedures,and rules to influence employees' behavior in recurring,predictable situations is:

Accepted Answer

A)  self-control. 
B)  clan control. 
C)  standing plans. 
D)  none of these 
A)  self-control. 
B)  clan control. 
C)  standing plans. 
D)  none of these

Question 4

The operating controller is responsible for the budgeting process that results in a master budget for the entire organization.

Accepted Answer

A) True 
 B)False

Question 5

There are two major types of audits: internal and external.

Accepted Answer

A) True 
 B)False

Question 6

Building on Work Application 1,give examples of preliminary,concurrent,rework,and damage controls for an organization you work for or have worked for.

Accepted Answer

Preliminary controls for an organization

Question 7

__________ is corrective action to get employees to meet standards and standing plans.

Accepted Answer

A)  Management by walking around (MBW
A)  
B)  Management counseling 
C)  Coaching 
D)  Discipline 
A)  Management by walking around (MBW
A)  
B)  Management counseling 
C)  Coaching 
D)  Discipline

Question 8

Karen was very careful when designing the new product to make sure that production would run smoothly.This is an example of __________ control.

Accepted Answer

A)  preliminary 
B)  concurrent 
C)  rework 
D)  damage 
A)  preliminary 
B)  concurrent 
C)  rework 
D)  damage

Question 9

Why should you focus on preliminary and concurrent types of control rather than rework and damage control?

Accepted Answer

Preventing problems and catching them be

Question 10

How confident are you in your ability to develop budgets and read financial statements?
What experience have you had in developing budgets and reading financial statements?

Accepted Answer

I am very confident in my ability to dev

Question 11

Why is damage control important?

Accepted Answer

Damage control is action taken to minimi

Question 12

Management counseling is corrective action to get employees to meet standards and standing plans.

Accepted Answer

A) True 
 B)False

Question 13

What primary method of control is "No smoking" signs in a building?

Accepted Answer

A)  self 
B)  clan 
C)  standing plans 
D)  observation 
A)  self 
B)  clan 
C)  standing plans 
D)  observation

Question 14

What is the difference between financial statements and financial budgets?

Accepted Answer

The difference between financial budgets

Question 15

Employees tend to resist control and sometimes break the rules.Give examples of things you or others have done to resist controls.

Accepted Answer

I cannot provide examples of things I or

Question 16

A __________ is the planned quantitative allocation of resources for specific activities.

Accepted Answer

A)  resource allocation plan 
B)  master budget 
C)  capital expenditures budget 
D)  budget 
A)  resource allocation plan 
B)  master budget 
C)  capital expenditures budget 
D)  budget

Question 17

Concurrent control is designed to anticipate and prevent possible problems.

Accepted Answer

A) True 
 B)False

Question 18

The first step in the control systems process is to measure performance.

Accepted Answer

A) True 
 B)False

Question 19

Throughout the systems process,__________ should be circulated among all the functional areas/departments to improve organizational performance.

Accepted Answer

A)  information 
B)  data 
C)  feedback 
D)  control data 
A)  information 
B)  data 
C)  feedback 
D)  control data

Question 20

List the four steps in the control systems process.

Accepted Answer

The steps in the control systems process

What are the five areas of performance that standards measure?

Who are the primary customers/stakeholders for the outputs of the operations,marketing,human resources,finance,and information functional areas/departments?

The type of constant control that uses policies,procedures,and rules to influence employees' behavior in recurring,predictable situations is:

The operating controller is responsible for the budgeting process that results in a master budget for the entire organization.

There are two major types of audits: internal and external.

Building on Work Application 1,give examples of preliminary,concurrent,rework,and damage controls for an organization you work for or have worked for.

__________ is corrective action to get employees to meet standards and standing plans.

Karen was very careful when designing the new product to make sure that production would run smoothly.This is an example of __________ control.

Why should you focus on preliminary and concurrent types of control rather than rework and damage control?

How confident are you in your ability to develop budgets and read financial statements? What experience have you had in developing budgets and reading financial statements?

Why is damage control important?

Management counseling is corrective action to get employees to meet standards and standing plans.

What primary method of control is "No smoking" signs in a building?

What is the difference between financial statements and financial budgets?

Employees tend to resist control and sometimes break the rules.Give examples of things you or others have done to resist controls.

A __________ is the planned quantitative allocation of resources for specific activities.

Concurrent control is designed to anticipate and prevent possible problems.

The first step in the control systems process is to measure performance.

Throughout the systems process,__________ should be circulated among all the functional areas/departments to improve organizational performance.

List the four steps in the control systems process.

Management and Entrepreneurship

The Global Environment, Culture, Ethics, Social Responsibility, and Sustainability

Creative Problem Solving and Decision Making

Strategic and Operational Planning

Organizing and Delegating Work

Managing Change: Innovation and Diversity

Human Resources Management

Organizational Behavior: Power, politics, conflict, and Stress

Leading With Influence

Communicating and Information Technology

Motivating for High Performance

Team Leadership

Operations,quality,and Productivity

A Brief History of Management

Time Management

Career Management and Networking

Written Communication

Filters

Exam 13: Control Systems: Financial and Human

What are the five areas of performance that standards measure?

Who are the primary customers/stakeholders for the outputs of the operations,marketing,human resources,finance,and information functional areas/departments?

The type of constant control that uses policies,procedures,and rules to influence employees' behavior in recurring,predictable situations is:

The operating controller is responsible for the budgeting process that results in a master budget for the entire organization.

There are two major types of audits: internal and external.

Building on Work Application 1,give examples of preliminary,concurrent,rework,and damage controls for an organization you work for or have worked for.

__________ is corrective action to get employees to meet standards and standing plans.

Karen was very careful when designing the new product to make sure that production would run smoothly.This is an example of __________ control.

Why should you focus on preliminary and concurrent types of control rather than rework and damage control?

How confident are you in your ability to develop budgets and read financial statements? What experience have you had in developing budgets and reading financial statements?

Why is damage control important?

Management counseling is corrective action to get employees to meet standards and standing plans.

What primary method of control is "No smoking" signs in a building?

What is the difference between financial statements and financial budgets?

Employees tend to resist control and sometimes break the rules.Give examples of things you or others have done to resist controls.

A __________ is the planned quantitative allocation of resources for specific activities.

Concurrent control is designed to anticipate and prevent possible problems.

The first step in the control systems process is to measure performance.

Throughout the systems process,__________ should be circulated among all the functional areas/departments to improve organizational performance.

List the four steps in the control systems process.

Management and Entrepreneurship

The Global Environment, Culture, Ethics, Social Responsibility, and Sustainability

Creative Problem Solving and Decision Making

Strategic and Operational Planning

Organizing and Delegating Work

Managing Change: Innovation and Diversity

Human Resources Management

Organizational Behavior: Power, politics, conflict, and Stress

Leading With Influence

Communicating and Information Technology

Motivating for High Performance

Team Leadership

Operations,quality,and Productivity

A Brief History of Management

Time Management

Career Management and Networking

Written Communication

Filters