Question 1

Which type of bureaucratic control takes place while plans are being carried out?

Accepted Answer

A)  feedback control 
B)  specialist control 
C)  preliminary control 
D)  feedforward control 
E)  concurrent control 
A)  feedback control 
B)  specialist control 
C)  preliminary control 
D)  feedforward control 
E)  concurrent control E

Question 2

_____ indicates the company's ability to meet its long-term financial obligations.

Accepted Answer

A)  Profitability ratio 
B)  Liquidity ratio 
C)  Debt-equity ratio 
D)  Current ratio 
E)  Net working capital ratio 
A)  Profitability ratio 
B)  Liquidity ratio 
C)  Debt-equity ratio 
D)  Current ratio 
E)  Net working capital ratio C

Question 3

An) _______ is an itemized financial document of the income and the expenses of a company's operations.

Accepted Answer

A)  balanced scorecard 
B)  appropriation account 
C)  surplus 
D)  fiscal policy 
E)  profit and loss statement 
A)  balanced scorecard 
B)  appropriation account 
C)  surplus 
D)  fiscal policy 
E)  profit and loss statement E

Question 4

_____ involves creating relationships built on mutual respect and encouraging each individual to take responsibility for his or her actions.

Accepted Answer

A)  Empowerment 
B)  Authority control 
C)  Bureaucratic control 
D)  Cultural control 
E)  Clan control 
A)  Empowerment 
B)  Authority control 
C)  Bureaucratic control 
D)  Cultural control 
E)  Clan control

Question 5

Empowerment is important in organizations today because

Accepted Answer

A)  the nature of management has changed. 
B)  employees' jobs have become less challenging. 
C)  employees are more concerned about pay. 
D)  labor unions are growing. 
E)  role of technology has increased. 
A)  the nature of management has changed. 
B)  employees' jobs have become less challenging. 
C)  employees are more concerned about pay. 
D)  labor unions are growing. 
E)  role of technology has increased.

Question 6

_____ increase the accuracy of performance data and make employees more accountable for their actions.

Accepted Answer

A)  Profitability ratios 
B)  Bureaucratic controls 
C)  Tactical behaviors 
D)  Comprehensive control systems 
E)  Expense reports 
A)  Profitability ratios 
B)  Bureaucratic controls 
C)  Tactical behaviors 
D)  Comprehensive control systems 
E)  Expense reports

Question 7

With the principle of exception, the manager is concerned with performance that equals or closely approximates the expected results.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is a reason why employees resist control systems?

Accepted Answer

A)  Control systems can change the power structure of the organization. 
B)  Control systems make employees less accountable for their performance. 
C)  Control systems decrease the accuracy of performance data. 
D)  Control systems ensure the security of employees. 
E)  Control systems require cooperation between employees. 
A)  Control systems can change the power structure of the organization. 
B)  Control systems make employees less accountable for their performance. 
C)  Control systems decrease the accuracy of performance data. 
D)  Control systems ensure the security of employees. 
E)  Control systems require cooperation between employees.

Question 9

Based on the given description, which of the following control systems does Taffe Inc. follow?

Accepted Answer

A)  bureaucratic 
B)  market 
C)  clan 
D)  feedforward 
E)  concurrent 
A)  bureaucratic 
B)  market 
C)  clan 
D)  feedforward 
E)  concurrent

Question 10

Olivia has recently reviewed a number of indicators of financial control. The ones that troubled her indicated that the company could have trouble meeting its short-term financial obligations. Which of the following was she concerned about?

Accepted Answer

A)  profit and loss statement 
B)  profitability ratio 
C)  leverage ratio 
D)  current ratio 
E)  return on investment 
A)  profit and loss statement 
B)  profitability ratio 
C)  leverage ratio 
D)  current ratio 
E)  return on investment

Question 11

_____ are the amounts the corporation owes to various creditors.

Accepted Answer

A)  Liabilities 
B)  Equities 
C)  Dividends 
D)  Profits 
E)  Assets 
A)  Liabilities 
B)  Equities 
C)  Dividends 
D)  Profits 
E)  Assets

Question 12

Allowing people to initiate their own corrective action encourages self-control and reduces the need for outside supervision.

Accepted Answer

A) True 
 B)False

Question 13

Effective managers make sure that activities are going as planned with the help of control.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is the second stage of budgetary control?

Accepted Answer

A)  responding appropriately 
B)  performing budgetary operations 
C)  comparing Six Sigma data 
D)  establishing expectancies 
E)  taking action 
A)  responding appropriately 
B)  performing budgetary operations 
C)  comparing Six Sigma data 
D)  establishing expectancies 
E)  taking action

Question 15

_____ provide essential feedback control when they identify legal and ethical lapses that could harm the organization and its reputation.

Accepted Answer

A)  Internal audits 
B)  Internal evaluations 
C)  External audits 
D)  Financial questions 
E)  Legal briefs 
A)  Internal audits 
B)  Internal evaluations 
C)  External audits 
D)  Financial questions 
E)  Legal briefs

Question 16

To be effective, control systems must

Accepted Answer

A)  be based on subjective standards. 
B)  communicate needed information upward in the organization. 
C)  be acceptable to top stockholders. 
D)  use multiple approaches. 
E)  centralize decision making. 
A)  be based on subjective standards. 
B)  communicate needed information upward in the organization. 
C)  be acceptable to top stockholders. 
D)  use multiple approaches. 
E)  centralize decision making.

Question 17

Palin Inc. has started a new system of allocating costs according to what their employees do, rather than what the company spends. For example, labor expenses are allocated to employee tasks rather than salary and benefits. This practice is referred to as

Accepted Answer

A)  cost accounting. 
B)  accounting auditing. 
C)  task accounting. 
D)  activity-based costing. 
E)  allocation costing. 
A)  cost accounting. 
B)  accounting auditing. 
C)  task accounting. 
D)  activity-based costing. 
E)  allocation costing.

Question 18

Describe feedback control, feedforward control, and concurrent control.

Accepted Answer

Bureaucratic control

Question 19

________ control is based on the norms, values, shared goals, and trust among group members.

Accepted Answer

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

Question 20

_____ motivates people and provides information that enables them to correct their own deviations from performance standards.

Accepted Answer

A)  Strategic window 
B)  Groupthink 
C)  Management myopia 
D)  Feedback 
E)  Provincialism 
A)  Strategic window 
B)  Groupthink 
C)  Management myopia 
D)  Feedback 
E)  Provincialism

Which type of bureaucratic control takes place while plans are being carried out?

_____ indicates the company's ability to meet its long-term financial obligations.

An) _______ is an itemized financial document of the income and the expenses of a company's operations.

_____ involves creating relationships built on mutual respect and encouraging each individual to take responsibility for his or her actions.

Empowerment is important in organizations today because

_____ increase the accuracy of performance data and make employees more accountable for their actions.

With the principle of exception, the manager is concerned with performance that equals or closely approximates the expected results.

Which of the following is a reason why employees resist control systems?

Based on the given description, which of the following control systems does Taffe Inc. follow?

Olivia has recently reviewed a number of indicators of financial control. The ones that troubled her indicated that the company could have trouble meeting its short-term financial obligations. Which of the following was she concerned about?

_____ are the amounts the corporation owes to various creditors.

Allowing people to initiate their own corrective action encourages self-control and reduces the need for outside supervision.

Effective managers make sure that activities are going as planned with the help of control.

Which of the following is the second stage of budgetary control?

_____ provide essential feedback control when they identify legal and ethical lapses that could harm the organization and its reputation.

To be effective, control systems must

Palin Inc. has started a new system of allocating costs according to what their employees do, rather than what the company spends. For example, labor expenses are allocated to employee tasks rather than salary and benefits. This practice is referred to as

Describe feedback control, feedforward control, and concurrent control.

________ control is based on the norms, values, shared goals, and trust among group members.

_____ motivates people and provides information that enables them to correct their own deviations from performance standards.

Managing Effectively in a Global World

The Evolution of Management

The Organizational Environment and Culture

Ethics and Corporate Responsibility

Planning and Decision Making

Entrepreneurship

Organizing for Success

Managing Human Resources

Managing Diversity and Inclusion

Leadership

Motivating People

Teamwork

Communicating

Innovating and Changing

Filters

Exam 14: Managerial Control

Which type of bureaucratic control takes place while plans are being carried out?

_____ indicates the company's ability to meet its long-term financial obligations.

An) _______ is an itemized financial document of the income and the expenses of a company's operations.

_____ involves creating relationships built on mutual respect and encouraging each individual to take responsibility for his or her actions.

Empowerment is important in organizations today because

_____ increase the accuracy of performance data and make employees more accountable for their actions.

With the principle of exception, the manager is concerned with performance that equals or closely approximates the expected results.

Which of the following is a reason why employees resist control systems?

Based on the given description, which of the following control systems does Taffe Inc. follow?

Olivia has recently reviewed a number of indicators of financial control. The ones that troubled her indicated that the company could have trouble meeting its short-term financial obligations. Which of the following was she concerned about?

_____ are the amounts the corporation owes to various creditors.

Allowing people to initiate their own corrective action encourages self-control and reduces the need for outside supervision.

Effective managers make sure that activities are going as planned with the help of control.

Which of the following is the second stage of budgetary control?

_____ provide essential feedback control when they identify legal and ethical lapses that could harm the organization and its reputation.

To be effective, control systems must

Palin Inc. has started a new system of allocating costs according to what their employees do, rather than what the company spends. For example, labor expenses are allocated to employee tasks rather than salary and benefits. This practice is referred to as

Describe feedback control, feedforward control, and concurrent control.

________ control is based on the norms, values, shared goals, and trust among group members.

_____ motivates people and provides information that enables them to correct their own deviations from performance standards.

Managing Effectively in a Global World

The Evolution of Management

The Organizational Environment and Culture

Ethics and Corporate Responsibility

Planning and Decision Making

Entrepreneurship

Organizing for Success

Managing Human Resources

Managing Diversity and Inclusion

Leadership

Motivating People

Teamwork

Communicating

Innovating and Changing

Filters