Exam 9: Control Processes and Systems

CarZ Ltd.,a car manufacturing company,calculated its debt ratio to be 2:5.Calculate the total debt for CarZ Ltd.,from the following information: Cash in hand = $120,000 Cash at bank = $180,000 Bills receivable = $200,000 Bills payable = $180,000 Land and building = $250,000 Inventories = $50,000 Machinery = $100,000

(Multiple Choice)

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Question 21

The ________ form of inventory control automatically orders a fixed number of items every time an inventory level falls to a predetermined point.

(Multiple Choice)

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Question 22

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

(Multiple Choice)

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Question 23

Bureaucratic control differs from clan control in that bureaucratic control:

(Multiple Choice)

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Question 24

What is a balanced scorecard?

(Multiple Choice)

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Question 25

Calculate the quick ratio from the following information of a manufacturing firm. Cash in hand = $200,000 Cash at bank = $100,000 Total current assets = $450,000 Accrued expenses = $100,000 Taxes payable = $100,000

(Multiple Choice)

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Question 26

What is project management? Explain the two techniques of project management.

(Essay)

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Question 27

Calculate net margin from the following information. Sales $250,000 Expenses $100,000

(Multiple Choice)

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Question 28

Calculate the net income if the net margin is 75% and expenses incurred is $160,000.

(Multiple Choice)

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Question 29

Pary's doughnuts can produce only 100 doughnuts a day.The variable cost incurred per unit is $2 and fixed costs incurred per day is $500.At what price should a doughnut be sold to break even?

(Multiple Choice)

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Question 30

Explain briefly the two broad options managers have with respect to control system.

(Essay)

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Question 31

Management by exception is the practice of giving attention to situations that show the greatest need for action.

(True/False)

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Question 32

________ controls are largely reactive.

(Multiple Choice)

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Question 33

Calculate the current ratio from the following information: Sales = $14,000 Bills receivable = $100,000 Cash in hand = $40,000 Current liabilities = $50,000 Inventories = $40,000 Net Income = $5,600

(Multiple Choice)

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Question 34

Preliminary control is also known as steering control.

(True/False)

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Question 35

Earnings per share,sales growth,and market share are the input standards used by businesses.

(True/False)

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Question 36

In the context of the control process,which of the following statements is true about measuring actual performance?

(Multiple Choice)

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Question 37

Which of the following is true of a bureaucratic control system?

(Multiple Choice)

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Question 38

The bureaucratic control system influences behaviour through norms and expectations set by the organizational culture.

(True/False)

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Question 39

________ = Net Income/Owner's Equity

(Multiple Choice)

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Question 40

Showing 21 - 40 of 108

The ________ form of inventory control automatically orders a fixed number of items every time an inventory level falls to a predetermined point.

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

Bureaucratic control differs from clan control in that bureaucratic control:

What is a balanced scorecard?

Calculate the quick ratio from the following information of a manufacturing firm. Cash in hand = $200,000 Cash at bank = $100,000 Total current assets = $450,000 Accrued expenses = $100,000 Taxes payable = $100,000

What is project management? Explain the two techniques of project management.

Calculate net margin from the following information. Sales $250,000 Expenses $100,000

Calculate the net income if the net margin is 75% and expenses incurred is $160,000.

Pary's doughnuts can produce only 100 doughnuts a day.The variable cost incurred per unit is $2 and fixed costs incurred per day is $500.At what price should a doughnut be sold to break even?

Explain briefly the two broad options managers have with respect to control system.

Management by exception is the practice of giving attention to situations that show the greatest need for action.

________ controls are largely reactive.

Calculate the current ratio from the following information: Sales = $14,000 Bills receivable = $100,000 Cash in hand = $40,000 Current liabilities = $50,000 Inventories = $40,000 Net Income = $5,600

Preliminary control is also known as steering control.

Earnings per share,sales growth,and market share are the input standards used by businesses.

In the context of the control process,which of the following statements is true about measuring actual performance?

Which of the following is true of a bureaucratic control system?

The bureaucratic control system influences behaviour through norms and expectations set by the organizational culture.

________ = Net Income/Owner's Equity

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