Question 1

How would you feel knowing all your work e-mails were monitored? How could your employer help you appreciate the need for e-mail control?

Accepted Answer

As an employee, I would feel uncomfortab

Question 2

Sales forecasting,economic forecasting,and environmental analysis are examples of the control of

Accepted Answer

A) physical resources. 
B) human resources. 
C) information resources. 
D) financial resources. 
E) None of these. 
A) physical resources. 
B) human resources. 
C) information resources. 
D) financial resources. 
E) None of these.

Question 3

An operating budget is a budget that allocates available machine hours to various products to be produced.

Accepted Answer

A) True 
 B)False

Question 4

Carlos's division planned to design a more effective advertising campaign,but did not decide how effectiveness would be measured.This is correct,because if controls are to be effective they should be added later.

Accepted Answer

A) True 
 B)False

Question 5

Southwest Airlines encourages attendants to make up a pre-flight routine that is humorous and personalized.This approach suggests that Southwest uses a(n)____________________ control system.

Accepted Answer

The answer of Southwest Airlines encourages attendants to make up...

Question 6

Where would you expect to find the following information: "XYZ Corporation has $746 million in assets and $593 million in liabilities on October 1,2012?"

Accepted Answer

A) Balance sheet 
B) Current liability 
C) Fixed asset 
D) Net income 
E) Stockholder's equity 
A) Balance sheet 
B) Current liability 
C) Fixed asset 
D) Net income 
E) Stockholder's equity

Question 7

Structural control can focus on any of the areas involved in implementation of organizational strategy.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is NOT characteristic of the bureaucratic approach to organizational control?

Accepted Answer

A) Rewards focused on individual performance 
B) Tall organizational structure 
C) Limited employee participation 
D) Reliance on rules and a rigid hierarchy 
E) Reliance on group norms 
A) Rewards focused on individual performance 
B) Tall organizational structure 
C) Limited employee participation 
D) Reliance on rules and a rigid hierarchy 
E) Reliance on group norms

Question 9

The control process focuses on these four types of organizational resources: physical,human,information,and financial.

Accepted Answer

A) True 
 B)False

Question 10

Debt ratios are measures of an organization's ability to convert debt into cash quickly.

Accepted Answer

A) True 
 B)False

Question 11

When Boeing bought the aviation parts and services company Aviall,it stated that it expected to have no initial change in earnings and the following year a modest gain.It was

Accepted Answer

A) attempting to control its external environment. 
B) attempting to be timely with its controls. 
C) integrating planning with control. 
D) relying on bureaucratic controls. 
E) None of these. 
A) attempting to control its external environment. 
B) attempting to be timely with its controls. 
C) integrating planning with control. 
D) relying on bureaucratic controls. 
E) None of these.

Question 12

Marketing is part of financial control.

Accepted Answer

A) True 
 B)False

Question 13

Physicalcontrol is concerned with the processes the organization uses to transform resources into products or services.

Accepted Answer

A) True 
 B)False

Question 14

FedEx focuses on top line - quality and customer satisfaction.UPS focuses on bottom line - efficiency and cost.They have differences in ____.

Accepted Answer

A) operational control 
B) strategic control 
C) financial control 
D) bureaucratic control 
E) environmental 
A) operational control 
B) strategic control 
C) financial control 
D) bureaucratic control 
E) environmental

Question 15

An after-action report is a screening control.

Accepted Answer

A) True 
 B)False

Question 16

Some investment firms require traders to take two consecutive weeks of vacation,so the traders books can be reviewed.This is an example of

Accepted Answer

A) participation. 
B) flexibility. 
C) appropriate focus. 
D) high standards. 
E) verification procedures. 
A) participation. 
B) flexibility. 
C) appropriate focus. 
D) high standards. 
E) verification procedures.

Question 17

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

Accepted Answer

A) income statement 
B) balance sheet 
C) internal audit 
D) operations budget 
E) ratio analysis 
A) income statement 
B) balance sheet 
C) internal audit 
D) operations budget 
E) ratio analysis

Question 18

Retained earnings are part of ____ control of an organization.

Accepted Answer

A) financial 
B) structural 
C) operating 
D) interim 
E) nonmonetary 
A) financial 
B) structural 
C) operating 
D) interim 
E) nonmonetary

Question 19

A(n)___________________________________ is a list of assets and liabilities of an organization at a specific point in time.

Accepted Answer

The answer of A(n)___________________________________ is a list of assets and...

Question 20

John Hamann began his company making herb vinegars from a recipe his grandmother had given him.As demand grew,he had to buy a large commercial kitchen.Which of the following ratios would a banker have been most interested in before allowing Hamann to borrow $500,000?

Accepted Answer

A) Liquidity ratios 
B) Balance sheet ratios 
C) Return on investment 
D) Operating ratios 
E) Debt ratios 
A) Liquidity ratios 
B) Balance sheet ratios 
C) Return on investment 
D) Operating ratios 
E) Debt ratios

How would you feel knowing all your work e-mails were monitored? How could your employer help you appreciate the need for e-mail control?

Sales forecasting,economic forecasting,and environmental analysis are examples of the control of

An operating budget is a budget that allocates available machine hours to various products to be produced.

Carlos's division planned to design a more effective advertising campaign,but did not decide how effectiveness would be measured.This is correct,because if controls are to be effective they should be added later.

Southwest Airlines encourages attendants to make up a pre-flight routine that is humorous and personalized.This approach suggests that Southwest uses a(n)____________________ control system.

Where would you expect to find the following information: "XYZ Corporation has $746 million in assets and $593 million in liabilities on October 1,2012?"

Structural control can focus on any of the areas involved in implementation of organizational strategy.

Which of the following is NOT characteristic of the bureaucratic approach to organizational control?

The control process focuses on these four types of organizational resources: physical,human,information,and financial.

Debt ratios are measures of an organization's ability to convert debt into cash quickly.

When Boeing bought the aviation parts and services company Aviall,it stated that it expected to have no initial change in earnings and the following year a modest gain.It was

Marketing is part of financial control.

Physicalcontrol is concerned with the processes the organization uses to transform resources into products or services.

FedEx focuses on top line - quality and customer satisfaction.UPS focuses on bottom line - efficiency and cost.They have differences in ____.

An after-action report is a screening control.

Some investment firms require traders to take two consecutive weeks of vacation,so the traders books can be reviewed.This is an example of

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

Retained earnings are part of ____ control of an organization.

A(n)___________________________________ is a list of assets and liabilities of an organization at a specific point in time.

John Hamann began his company making herb vinegars from a recipe his grandmother had given him.As demand grew,he had to buy a large commercial kitchen.Which of the following ratios would a banker have been most interested in before allowing Hamann to borrow $500,000?

Understanding the Managers Job

The Environment of Organizations and Managers

Planning and Strategic Management

Managing Decision Making

Entrepreneurship and New Venture Management

Organization Structure and Design

Organization Change and Innovation

Managing Human Resources in Organizations

Basic Elements of Individual Behavior in Organizations

Managing Employee Motivation and Performance

Leadership and Influence Processes

Communication in Organizations

Managing Work Groups and Teams

Managing Operations, quality, and Productivity

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Exam 14: Basic Elements of Control

How would you feel knowing all your work e-mails were monitored? How could your employer help you appreciate the need for e-mail control?

Sales forecasting,economic forecasting,and environmental analysis are examples of the control of

An operating budget is a budget that allocates available machine hours to various products to be produced.

Carlos's division planned to design a more effective advertising campaign,but did not decide how effectiveness would be measured.This is correct,because if controls are to be effective they should be added later.

Southwest Airlines encourages attendants to make up a pre-flight routine that is humorous and personalized.This approach suggests that Southwest uses a(n)____________________ control system.

Where would you expect to find the following information: "XYZ Corporation has $746 million in assets and $593 million in liabilities on October 1,2012?"

Structural control can focus on any of the areas involved in implementation of organizational strategy.

Which of the following is NOT characteristic of the bureaucratic approach to organizational control?

The control process focuses on these four types of organizational resources: physical,human,information,and financial.

Debt ratios are measures of an organization's ability to convert debt into cash quickly.

When Boeing bought the aviation parts and services company Aviall,it stated that it expected to have no initial change in earnings and the following year a modest gain.It was

Marketing is part of financial control.

Physicalcontrol is concerned with the processes the organization uses to transform resources into products or services.

FedEx focuses on top line - quality and customer satisfaction.UPS focuses on bottom line - efficiency and cost.They have differences in ____.

An after-action report is a screening control.

Some investment firms require traders to take two consecutive weeks of vacation,so the traders books can be reviewed.This is an example of

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

Retained earnings are part of ____ control of an organization.

A(n)___________________________________ is a list of assets and liabilities of an organization at a specific point in time.

John Hamann began his company making herb vinegars from a recipe his grandmother had given him.As demand grew,he had to buy a large commercial kitchen.Which of the following ratios would a banker have been most interested in before allowing Hamann to borrow $500,000?

Understanding the Managers Job

The Environment of Organizations and Managers

Planning and Strategic Management

Managing Decision Making

Entrepreneurship and New Venture Management

Organization Structure and Design

Organization Change and Innovation

Managing Human Resources in Organizations

Basic Elements of Individual Behavior in Organizations

Managing Employee Motivation and Performance

Leadership and Influence Processes

Communication in Organizations

Managing Work Groups and Teams

Managing Operations, quality, and Productivity

Filters