Exam 19: Basic Elements of Control

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Match the following.You may use a response once,more than once,or not at all. -Production budget

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eBay partnered with Nielsen Co.to poll users about ads on eBay.Nielsen then packaged the information for advertisers.This was a response to advertiser complaints about the effectiveness of ads on the Internet.Verifying ad effectiveness of other companies before buying ad space on eBay is a ____ control for the businesses.

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What is the problem with a university reward system that encourages faculty members to publish numerous research articles but fails to consider the quality of the articles?

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Briefly describe the three types of financial budgets mentioned in the text and include what purpose each type serves.

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To what part of a system are preliminary controls applied?

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You are looking at a document that has entries for such items as revenues,expenses,and profit.You are looking at a(n)

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Most organizations define areas of control in terms of the four basic types of resources they use: physical,human,____________________ and financial.

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International organizations that use a(n)____________________ control system require foreign branches to report less frequently and in less detail.

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The expense budget is a type of ____________________ budget that anticipates expenses for the organization during the coming time period.

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Which of the following would NOT be included in the typical balance sheet?

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When the managerial style is participative,the appropriate control style is ____________________.

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Match the following.You may use a response once,more than once,or not at all. -Concerned with overall operation of the organization

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The final step in the control process is to determine the need for ____________________ action.

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Thousands of people audition each year to be contestants on American Idol.The audition is an example of a ____ control.

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____________________ provides an organization with a mechanism for adjusting its course if performance falls outside of acceptable boundaries.

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Match the following.You may use a response once,more than once,or not at all. -Employee performance appraisals

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Match the following.You may use a response once,more than once,or not at all. -The most common form of control

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If an organization involves operating employees in decisions about quality control,the organization is more likely to have convoluted,control.

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Describe the role of feedback in the control process.

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Merrill Lynch monitored a research analyst's e-mails,discovered illegal information sent to a client,and fired the analyst.Merrill Lynch's ____ helped reduce resistance to control.

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