Question 1

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

Accepted Answer

A) Flexible work hours for employees 
B) Highly challenging organizational goals 
C) Lack of periodic reviews 
D) Highly rigid work culture 
E) Lack of new employees 
A) Flexible work hours for employees 
B) Highly challenging organizational goals 
C) Lack of periodic reviews 
D) Highly rigid work culture 
E) Lack of new employees C

Question 2

The increasing need for clan control is caused by the

Accepted Answer

A) changes in the employment relationship. 
B) unchanging nature of management. 
C) changes in the economic environment. 
D) changes in government regulations. 
E) unchanging nature of employees' jobs. 
A) changes in the employment relationship. 
B) unchanging nature of management. 
C) changes in the economic environment. 
D) changes in government regulations. 
E) unchanging nature of employees' jobs. A

Question 3

Authority and profit are considered the conjoined twins of management.

Accepted Answer

A) True 
 B)False  False

Question 4

According to the principle of exception, which deviations from the expected standard require corrective action?

Accepted Answer

A) The most common deviations 
B) Most of the deviations 
C) The most significant deviations 
D) Any and all deviations 
E) No type of deviation 
A) The most common deviations 
B) Most of the deviations 
C) The most significant deviations 
D) Any and all deviations 
E) No type of deviation

Question 5

Explain what the two conjoined twins of management are. How does this idea relate to the control function of management?

Accepted Answer

The two conjoined twins of management re

Question 6

Describe the various criteria that control systems should meet when designed by management.

Accepted Answer

The answer of Describe the various criteria that control systems...

Question 7

Scott is in charge of production at Fasteners Unlimited Inc. His job responsibilities include eliminating defects in the equipment parts the factory produces. However, he has advised his crew to alert him only when defects exceed 200 per million, which he considers a serious deviation from standards. In this case, Scott is using

Accepted Answer

A) a management audit. 
B) the principle of deviation. 
C) clan control. 
D) the principle of exception. 
E) behavioral standards. 
A) a management audit. 
B) the principle of deviation. 
C) clan control. 
D) the principle of exception. 
E) behavioral standards.

Question 8

Which of the following would be a likely target of an internal audit?

Accepted Answer

A) A corporation's charitable-giving program 
B) A corporation's potential merger partner 
C) A corporation's possible acquisition 
D) A corporation's current competitor 
E) A corporation's potential supplier 
A) A corporation's charitable-giving program 
B) A corporation's potential merger partner 
C) A corporation's possible acquisition 
D) A corporation's current competitor 
E) A corporation's potential supplier

Question 9

List and give an example of each of the four types of performance standards.

Accepted Answer

The answer of List and give an example of each...

Question 10

In today's complex organizations, the budget process is most likely to be _____.

Accepted Answer

A) top-down 
B) bottom-up 
C) horizontal 
D) circular 
E) compartmentalized 
A) top-down 
B) bottom-up 
C) horizontal 
D) circular 
E) compartmentalized

Question 11

Which of the following control systems does Forest Games utilize?

Accepted Answer

A) Feedback control 
B) Market control 
C) Clan control 
D) Feedforward control 
E) Concurrent control 
A) Feedback control 
B) Market control 
C) Clan control 
D) Feedforward control 
E) Concurrent control

Question 12

At Halsted Medical Products Corp., all assembly workers must wear specialized gear to reduce possible injuries from minute particles in the manufacturing environment. This requirement best reflects _____ control.

Accepted Answer

A) feedback 
B) proactive 
C) feedforward 
D) reactive 
E) concurrent 
A) feedback 
B) proactive 
C) feedforward 
D) reactive 
E) concurrent

Question 13

In order to gain employee acceptance of a control system, managers should

Accepted Answer

A) set performance standards that employees view as possible to achieve. 
B) tell employees that they need not necessarily use the standards. 
C) focus on controlling negative behavior rather than enforcing positive behavior. 
D) set standards low enough that all employees can easily meet them. 
E) make their own decisions while setting performance standards. 
A) set performance standards that employees view as possible to achieve. 
B) tell employees that they need not necessarily use the standards. 
C) focus on controlling negative behavior rather than enforcing positive behavior. 
D) set standards low enough that all employees can easily meet them. 
E) make their own decisions while setting performance standards.

Question 14

The _____ budget is used for areas of an organization that incur expenses but no revenue, such as human resources and other support departments.

Accepted Answer

A) sales 
B) production 
C) cost 
D) cash 
E) capital 
A) sales 
B) production 
C) cost 
D) cash 
E) capital

Question 15

Which of the following approaches to bureaucratic control is described in option 1?

Accepted Answer

A) Feedback 
B) Feedforward 
C) Concurrent 
D) Market 
E) Clan 
A) Feedback 
B) Feedforward 
C) Concurrent 
D) Market 
E) Clan

Question 16

Explain the three categories of financial ratios with examples.

Accepted Answer

The answer of Explain the three categories of financial ratios...

Question 17

To be effective, control systems should

Accepted Answer

A) keep performance standards flexible and easy. 
B) focus on one-way top-down communication. 
C) be acceptable to all stockholders. 
D) use multiple control approaches. 
E) centralize decision making. 
A) keep performance standards flexible and easy. 
B) focus on one-way top-down communication. 
C) be acceptable to all stockholders. 
D) use multiple control approaches. 
E) centralize decision making.

Question 18

Which of the following are the basic elements of a balance sheet?

Accepted Answer

A) Income, expenses, and outcome 
B) Operations, sales, and growth 
C) Assets, liabilities, and stockholder's equity 
D) Receipts, deductions, and taxes 
E) Budgets, controls, and corrective actions 
A) Income, expenses, and outcome 
B) Operations, sales, and growth 
C) Assets, liabilities, and stockholder's equity 
D) Receipts, deductions, and taxes 
E) Budgets, controls, and corrective actions

Question 19

A _____ budget is commonly expressed in physical units, and it can be prepared with information including types and capacities of machines, economic quantity, and availability of materials.

Accepted Answer

A) master 
B) cash 
C) capital 
D) production 
E) sales 
A) master 
B) cash 
C) capital 
D) production 
E) sales

Question 20

If an employee believes his or her control system is overly controlling, that employee is likely to exhibit dysfunctional behavior.

Accepted Answer

A) True 
 B)False

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

The increasing need for clan control is caused by the

Authority and profit are considered the conjoined twins of management.

According to the principle of exception, which deviations from the expected standard require corrective action?

Explain what the two conjoined twins of management are. How does this idea relate to the control function of management?

Describe the various criteria that control systems should meet when designed by management.

Which of the following would be a likely target of an internal audit?

List and give an example of each of the four types of performance standards.

In today's complex organizations, the budget process is most likely to be _____.

Which of the following control systems does Forest Games utilize?

At Halsted Medical Products Corp., all assembly workers must wear specialized gear to reduce possible injuries from minute particles in the manufacturing environment. This requirement best reflects _____ control.

In order to gain employee acceptance of a control system, managers should

The _____ budget is used for areas of an organization that incur expenses but no revenue, such as human resources and other support departments.

Which of the following approaches to bureaucratic control is described in option 1?

Explain the three categories of financial ratios with examples.

To be effective, control systems should

Which of the following are the basic elements of a balance sheet?

A _____ budget is commonly expressed in physical units, and it can be prepared with information including types and capacities of machines, economic quantity, and availability of materials.

If an employee believes his or her control system is overly controlling, that employee is likely to exhibit dysfunctional behavior.

Managing and Performing

The External and Internal Environments

Managerial Decision Making

Planning and Strategic Management

Ethics, Corporate Responsibility, and Sustainability

International Management

Entrepreneurship

Organization Structure

Organizational Agility

Human Resources Management

Managing the Diverse Workforce

Leadership

Motivating for Performance

Teamwork

Communicating

Managing Technology and Innovation

Creating and Leading Change

Filters

Exam 16: Managerial Control

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

The increasing need for clan control is caused by the

Authority and profit are considered the conjoined twins of management.

According to the principle of exception, which deviations from the expected standard require corrective action?

Explain what the two conjoined twins of management are. How does this idea relate to the control function of management?

Describe the various criteria that control systems should meet when designed by management.

Which of the following would be a likely target of an internal audit?

List and give an example of each of the four types of performance standards.

In today's complex organizations, the budget process is most likely to be _____.

Which of the following control systems does Forest Games utilize?

At Halsted Medical Products Corp., all assembly workers must wear specialized gear to reduce possible injuries from minute particles in the manufacturing environment. This requirement best reflects _____ control.

In order to gain employee acceptance of a control system, managers should

The _____ budget is used for areas of an organization that incur expenses but no revenue, such as human resources and other support departments.

Which of the following approaches to bureaucratic control is described in option 1?

Explain the three categories of financial ratios with examples.

To be effective, control systems should

Which of the following are the basic elements of a balance sheet?

A _____ budget is commonly expressed in physical units, and it can be prepared with information including types and capacities of machines, economic quantity, and availability of materials.

If an employee believes his or her control system is overly controlling, that employee is likely to exhibit dysfunctional behavior.

Managing and Performing

The External and Internal Environments

Managerial Decision Making

Planning and Strategic Management

Ethics, Corporate Responsibility, and Sustainability

International Management

Entrepreneurship

Organization Structure

Organizational Agility

Human Resources Management

Managing the Diverse Workforce

Leadership

Motivating for Performance

Teamwork

Communicating

Managing Technology and Innovation

Creating and Leading Change

Filters