Exam 16: Managerial Control

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External audits are often used for feedback control but can also be useful for preliminary control.

(True/False)
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Scenario B. Your manager is speaking to a group of employees about a problem in your department. Employees are not complying with the rules regarding clocking in and clocking out each day. The rules in this situation are very important as employees will not receive their correct pay if the clocking procedures are not followed. There are three suggestions being considered to address this problem. 1. Employees will be monitored at the entrance during shift changes to make sure that each complies with the procedure. 2. Reports will be reviewed at the end of each pay period. The reports will contain data tracking the number of employees not complying with the procedures each shift. Employees violating the procedure will be counseled to correct the problem. 3. A new procedure will be developed describing an easier procedure for employees to follow. Training will be conducted so that each employee knows the policy and the procedure before it is enacted. -Option 2 describes which approach to bureaucratic control?

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Clan control is control based on the norms,values,shared goals,and trust among family members.

(True/False)
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ABC is a method of cost accounting designed to identify streams of activity and then to allocate costs across particular business processes according to the amount of time employees devote to particular activities.

(True/False)
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Scenario B. Your manager is speaking to a group of employees about a problem in your department. Employees are not complying with the rules regarding clocking in and clocking out each day. The rules in this situation are very important as employees will not receive their correct pay if the clocking procedures are not followed. There are three suggestions being considered to address this problem. 1. Employees will be monitored at the entrance during shift changes to make sure that each complies with the procedure. 2. Reports will be reviewed at the end of each pay period. The reports will contain data tracking the number of employees not complying with the procedures each shift. Employees violating the procedure will be counseled to correct the problem. 3. A new procedure will be developed describing an easier procedure for employees to follow. Training will be conducted so that each employee knows the policy and the procedure before it is enacted. -Option 1 describes which approach to bureaucratic control?

(Multiple Choice)
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At Precision Instruments,it was recently announced that all assembly workers are to arrive 15 minutes early for their shift in order to be outfitted in specialized gear that will reduce minute particles from the environment from entering products that are being assembled.Products are then assembled in a controlled environment.This requirement reflects _______ control.

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If an employee does not believe his or her performance standard is realistic,he or she is not likely to accept the standard.

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Control has been called one of the Siamese twins of management.The other twin is

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Control that focuses on the use of information about previous results to correct deviations from the acceptable standard is referred to as

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Which of the following statements about the concept of Six Sigma is true?

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The last step in the control process is to compare performance with the standard.

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Personal observation involves going to the area of activity and watching what is occurring.

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An evaluation of the effectiveness and efficiency of various systems within an organization is called a(n)

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Concurrent control is the heart of any control system.

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Practices commonly uncovered by a management audit include

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Organization culture is the foundation of clan control.

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A report that shows the financial picture of a company at a given time and itemizes assets,liabilities and stockholders' equity is referred to as a(n)

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The amount accruing to the corporation's owners is referred to as

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Which of the following is a symptom of an out-of-control company?

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Bureaucratic controls often results in

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