Exam 9: Control Processes and Systems

Bill, a finance manager at Iridium Inc., desires to understand why the company's profitability fell in the past 6 months. He must use ___ to understand this issue.

(Multiple Choice)

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Question 221

___ is also known as normative control.

(Multiple Choice)

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Question 222

A CEO and a CFO may be put in jail and pay personal fines if they misstate their company's financial records.

(True/False)

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Question 223

Financial ratios provide all of the following except:

(Multiple Choice)

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Question 224

The activities listed on the arrows of a CPM/PERT analysis are known as AOA diagram or activities-on-nodes.

(True/False)

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Question 225

The penalties for violating the provisions of the Sarbanes-Oxley Act are

(Multiple Choice)

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Question 226

Desired performance and actual performance can be compared from historical, relative, or engineering perspectives.

(True/False)

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Question 227

Bake-It, a Spanish bread and biscuits producer, gave out a free batch of cookies to a few customers. These customers were then asked for suggestions to improve the cookies in terms of quality, taste, and variety. Which of the following types of control was implemented by Bake-It?

(Multiple Choice)

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Question 228

A project manager's job is to ensure all of the following except

(Multiple Choice)

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Question 229

Which of the following is true of controlling?

(Multiple Choice)

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Question 230

___ ensures that directions and resources are right before the work begins.

(Multiple Choice)

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Question 231

Planning is the beginning step of the control process when performance objectives and standards for measuring them are set.

(True/False)

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Question 232

There are laws that govern the behaviour of top executives.

(True/False)

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Question 233

Inventory turnover is calculated as Sales÷Total Assets.

(True/False)

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Question 234

Calculate net margin from the following information: Sales $250,000 Net Income $100,000.

(Multiple Choice)

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Question 235

Calculate the expenses incurred if the net income is $500,000 and sales are $1,500,000.

(Multiple Choice)

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Question 236

A project has all of the following components except

(Multiple Choice)

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Question 237

Inventory turnover is one method for determining the company's financial liquidity.

(True/False)

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Question 238

Which of the following is the formula for calculating breakeven point?

(Multiple Choice)

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Question 239

The critical path is the pathway from project start to conclusion that involves activities with the longest completion times.

(True/False)

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Question 240

Showing 221 - 240 of 241

Bill, a finance manager at Iridium Inc., desires to understand why the company's profitability fell in the past 6 months. He must use ___ to understand this issue.

___ is also known as normative control.

A CEO and a CFO may be put in jail and pay personal fines if they misstate their company's financial records.

Financial ratios provide all of the following except:

The activities listed on the arrows of a CPM/PERT analysis are known as AOA diagram or activities-on-nodes.

The penalties for violating the provisions of the Sarbanes-Oxley Act are

Desired performance and actual performance can be compared from historical, relative, or engineering perspectives.

Bake-It, a Spanish bread and biscuits producer, gave out a free batch of cookies to a few customers. These customers were then asked for suggestions to improve the cookies in terms of quality, taste, and variety. Which of the following types of control was implemented by Bake-It?

A project manager's job is to ensure all of the following except

Which of the following is true of controlling?

___ ensures that directions and resources are right before the work begins.

Planning is the beginning step of the control process when performance objectives and standards for measuring them are set.

There are laws that govern the behaviour of top executives.

Inventory turnover is calculated as Sales÷Total Assets.

Calculate net margin from the following information: Sales $250,000 Net Income $100,000.

Calculate the expenses incurred if the net income is $500,000 and sales are $1,500,000.

A project has all of the following components except

Inventory turnover is one method for determining the company's financial liquidity.

Which of the following is the formula for calculating breakeven point?

The critical path is the pathway from project start to conclusion that involves activities with the longest completion times.

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