Multiple Choice
Match the options below with the correct phrase:
-ratio
A) a relationship of two numbers
B) income - expenses = profit or loss
C) a budget that always must be justified from "square one"
D) a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
E) treats employees as assets
F) details how each financial responsibility center will manage its cash
G) provides estimates of revenues and expenses for a given period of time
H) assets = liabilities + stockholders' equity
I) each financial responsibility center's financial plan
J) an organizational unit that contributes costs, revenues, profits, or investments
K) involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
L) a feedforward control technique that
M) a person responsible for planning and overseeing managment of all risks
N) a disciplined process that focuses on developing near-perfect products
O) cash flow statement
P) designed to measure and monitor specific aspects of an organization
Q) an inventory control system that matches purchasing with need
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Performance appraisals and attitude surveys are a
Q36: Control techniques are used to measure and
Q37: There is usually a direct correlation between
Q38: Effective feedback from the controlling process should
Q39: _ is a process quality goal that
Q41: A balance sheet consists of three major
Q42: Marketing research is a feedforward control technique.
Q43: Changing circumstances require organizations to monitor controls
Q44: The duration of time that differentiates "short-term"
Q45: A high-level person in charge of planning