Question 1

Which of the following ratios examines the organization's use of debt to finance its assets and its ability to meet the interest payments on the debt?

Accepted Answer

A)  liquidity ratios 
B)  leverage ratios 
C)  profitability 
D)  activity ratios 
A)  liquidity ratios 
B)  leverage ratios 
C)  profitability 
D)  activity ratios

Question 2

Raw, unanalyzed facts are called ________.

Accepted Answer

A)  data 
B)  information 
C)  database 
D)  data center 
A)  data 
B)  information 
C)  database 
D)  data center

Question 3

Ruth wants to analyze the organization's ability to meet its current debt obligations.Which of the following ratios is most helpful to Ruth in analyzing this?

Accepted Answer

A)  inventory turnover ratio 
B)  return on investment ratio 
C)  current ratio 
D)  total asset turnover ratio 
A)  inventory turnover ratio 
B)  return on investment ratio 
C)  current ratio 
D)  total asset turnover ratio

Question 4

Ruth identifies the firm's leverage ratio to be very high.What suggestion could Ruth give to help the firm reduce its leverage ratio?

Accepted Answer

A)  Increase the money supply by selling a part of its assets. 
B)  Pay back part of its debts to improve the ratio. 
C)  Maintain more current assets than current liabilities. 
D)  Reduce the sales to total assets ratio of the firm. 
A)  Increase the money supply by selling a part of its assets. 
B)  Pay back part of its debts to improve the ratio. 
C)  Maintain more current assets than current liabilities. 
D)  Reduce the sales to total assets ratio of the firm.

Question 5

Which of the following is one of the main advantages of using statistical reports as the source of information?

Accepted Answer

A)  Statistical reports can be used to obtain firsthand knowledge. 
B)  Unfiltered information can be obtained using statistical reports. 
C)  Statistical reports are effective for showing relationships. 
D)  Statistical reports allow verbal and non-verbal feedback. 
A)  Statistical reports can be used to obtain firsthand knowledge. 
B)  Unfiltered information can be obtained using statistical reports. 
C)  Statistical reports are effective for showing relationships. 
D)  Statistical reports allow verbal and non-verbal feedback.

Question 6

Job uncertainties and employee stress are factors that contribute to workplace violence.

Accepted Answer

A) True 
 B)False

Question 7

Activity ratios measure an organization's ability to meet its current debt obligations.

Accepted Answer

A) True 
 B)False

Question 8

The management control that takes place while a work activity is in progress is known as ________.

Accepted Answer

A)  feedforward control 
B)  concurrent control 
C)  feedback control 
D)  reactive control 
A)  feedforward control 
B)  concurrent control 
C)  feedback control 
D)  reactive control

Question 9

The first step in the control process is ________.

Accepted Answer

A)  setting the desired standards 
B)  measuring actual performance 
C)  comparing performance against expectations 
D)  enforcing managerial control 
A)  setting the desired standards 
B)  measuring actual performance 
C)  comparing performance against expectations 
D)  enforcing managerial control

Question 10

Charles wants to prevent problems before their occurrence.Which of the following is the most desirable type of control to achieve this goal?

Accepted Answer

A)  reactive control 
B)  concurrent control 
C)  feedforward control 
D)  feedback control 
A)  reactive control 
B)  concurrent control 
C)  feedforward control 
D)  feedback control

Question 11

Controlling is the process of monitoring, comparing, and correcting work performance.

Accepted Answer

A) True 
 B)False

Question 12

Feedforward control is more popular and effective than the other forms of control.

Accepted Answer

A) True 
 B)False

Question 13

The ________ ratios measure an organization's ability to meet its current debt obligations.

Accepted Answer

A)  activity 
B)  liquidity 
C)  leverage 
D)  profitability 
A)  activity 
B)  liquidity 
C)  leverage 
D)  profitability

Question 14

Which of the following sources of information for measuring performance has the disadvantage of being subject to personal biases, and is time consuming and obtrusive?

Accepted Answer

A)  oral reports 
B)  personal observations 
C)  statistical reports 
D)  written reports 
A)  oral reports 
B)  personal observations 
C)  statistical reports 
D)  written reports

Which of the following ratios examines the organization's use of debt to finance its assets and its ability to meet the interest payments on the debt?

Raw, unanalyzed facts are called ________.

Ruth wants to analyze the organization's ability to meet its current debt obligations.Which of the following ratios is most helpful to Ruth in analyzing this?

Ruth identifies the firm's leverage ratio to be very high.What suggestion could Ruth give to help the firm reduce its leverage ratio?

Which of the following is one of the main advantages of using statistical reports as the source of information?

Job uncertainties and employee stress are factors that contribute to workplace violence.

Activity ratios measure an organization's ability to meet its current debt obligations.

The management control that takes place while a work activity is in progress is known as ________.

The first step in the control process is ________.

Charles wants to prevent problems before their occurrence.Which of the following is the most desirable type of control to achieve this goal?

Controlling is the process of monitoring, comparing, and correcting work performance.

Feedforward control is more popular and effective than the other forms of control.

The ________ ratios measure an organization's ability to meet its current debt obligations.

Which of the following sources of information for measuring performance has the disadvantage of being subject to personal biases, and is time consuming and obtrusive?

Management and Organizations

Understanding Management: Constraints and Challenges

Managing in a Global Environment

Managing Diversity

Managing Social Responsibility and Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Basic Organizational Design

Adaptive Organizational Design

Managing Human Resources

Managing Teams

Understanding Individual Behavior

Managers and Communication

Motivating Employees

Managers As Leaders

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Exam 10: Managerial Controls

Which of the following ratios examines the organization's use of debt to finance its assets and its ability to meet the interest payments on the debt?

Raw, unanalyzed facts are called ________.

Ruth wants to analyze the organization's ability to meet its current debt obligations.Which of the following ratios is most helpful to Ruth in analyzing this?

Ruth identifies the firm's leverage ratio to be very high.What suggestion could Ruth give to help the firm reduce its leverage ratio?

Which of the following is one of the main advantages of using statistical reports as the source of information?

Job uncertainties and employee stress are factors that contribute to workplace violence.

Activity ratios measure an organization's ability to meet its current debt obligations.

The management control that takes place while a work activity is in progress is known as ________.

The first step in the control process is ________.

Charles wants to prevent problems before their occurrence.Which of the following is the most desirable type of control to achieve this goal?

Controlling is the process of monitoring, comparing, and correcting work performance.

Feedforward control is more popular and effective than the other forms of control.

The ________ ratios measure an organization's ability to meet its current debt obligations.

Which of the following sources of information for measuring performance has the disadvantage of being subject to personal biases, and is time consuming and obtrusive?

Management and Organizations

Understanding Management: Constraints and Challenges

Managing in a Global Environment

Managing Diversity

Managing Social Responsibility and Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Basic Organizational Design

Adaptive Organizational Design

Managing Human Resources

Managing Teams

Understanding Individual Behavior

Managers and Communication

Motivating Employees

Managers As Leaders

Filters