Question 1

In profitability budgeting,the burden of proof is on each manager to justify why any money should be spent.

Accepted Answer

A) True 
 B)False

Question 2

What are the characteristics that the tools used to correct for deviations should possess?

Accepted Answer

The tools used to correct deviations sho

Question 3

Proper controls can provide the manager with objective information about employee performance.

Accepted Answer

A) True 
 B)False

Question 4

Many managers tend to decrease controls whenever things are not going according to plan.

Accepted Answer

A) True 
 B)False

Question 5

In the control pyramid,_____ control requires a human response.

Accepted Answer

A)  operator 
B)  informational 
C)  foolproof 
D)  automatic 
E)  feedback 
A)  operator 
B)  informational 
C)  foolproof 
D)  automatic 
E)  feedback

Question 6

Which of the following statements best describes a budget?

Accepted Answer

A)  It is a statement of expected results expressed in numerical terms. 
B)  It is document that describes the organizational goals and objectives. 
C)  It is a computerized system designed to produce information. 
D)  It is a graphical depiction of the relationship of volume of operations to profits. 
E)  It is the point at which sales revenues are the same as expenses. 
A)  It is a statement of expected results expressed in numerical terms. 
B)  It is document that describes the organizational goals and objectives. 
C)  It is a computerized system designed to produce information. 
D)  It is a graphical depiction of the relationship of volume of operations to profits. 
E)  It is the point at which sales revenues are the same as expenses.

Question 7

Actual performance always conforms exactly to standards.

Accepted Answer

A) True 
 B)False

Question 8

What of the following statements is true about personal and impersonal control?

Accepted Answer

A)  Personal control is also known as output control whereas impersonal control is also known as behavior control. 
B)  Personal control is based on direct surveillance whereas impersonal control is based on measurement of output. 
C)  Personal and impersonal controls are substitutes for each other. 
D)  Personal and impersonal controls serve the same organizational needs. 
E)  Personal control occurs in response to a manager's needs to provide an accurate measure of performance whereas impersonal control is exerted when performance requirements are well known. 
A)  Personal control is also known as output control whereas impersonal control is also known as behavior control. 
B)  Personal control is based on direct surveillance whereas impersonal control is based on measurement of output. 
C)  Personal and impersonal controls are substitutes for each other. 
D)  Personal and impersonal controls serve the same organizational needs. 
E)  Personal control occurs in response to a manager's needs to provide an accurate measure of performance whereas impersonal control is exerted when performance requirements are well known.

Question 9

When practicing control,a manager must ensure that _____.

Accepted Answer

A)  the organization is operating outside its established boundaries of constraint 
B)  he or she takes complete care of one concern even if it is at the expense of the other 
C)  he or she is concerned more with the goal of the operation than its stability 
D)  he or she balances stability and objective realization 
E)  he or she is more concerned only with the day-to-day rules 
A)  the organization is operating outside its established boundaries of constraint 
B)  he or she takes complete care of one concern even if it is at the expense of the other 
C)  he or she is concerned more with the goal of the operation than its stability 
D)  he or she balances stability and objective realization 
E)  he or she is more concerned only with the day-to-day rules

Question 10

The control pyramid provides a method for implementing controls in the organization.

Accepted Answer

A) True 
 B)False

Question 11

Behavior control is based on direct,personal surveillance.

Accepted Answer

A) True 
 B)False

Question 12

The objective behind the monitoring process requirement for control is to gather data and detect problem areas.

Accepted Answer

A) True 
 B)False

Question 13

Discuss the various types of budgets and their respective purposes.

Accepted Answer

The various types of budgets and their r

Question 14

Managers should regularly attempt to evaluate the economic costs against the benefits of controls.

Accepted Answer

A) True 
 B)False

Question 15

In the control pyramid,the area of _____ controls is the layer that controls the person implementing the controls.

Accepted Answer

A)  automatic 
B)  operator 
C)  foolproof 
D)  informational 
E)  supervisory 
A)  automatic 
B)  operator 
C)  foolproof 
D)  informational 
E)  supervisory

Question 16

Return on investment and return on assets are examples of _____ ratios.

Accepted Answer

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

Question 17

How can a manager lessen negative reactions to controls?

Accepted Answer

The guidelines for a manger to lessen ne

Question 18

The area of deviation controls in the control pyramid deal with repetitive acts and require little thought.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is true of rigid controls?

Accepted Answer

A)  They lead to increased performance. 
B)  They result in reduced interpersonal tension. 
C)  They make every behavior acceptable. 
D)  They increase the visibility of power. 
E)  They bring in a lenient enforcement of general and impersonal formal rules. 
A)  They lead to increased performance. 
B)  They result in reduced interpersonal tension. 
C)  They make every behavior acceptable. 
D)  They increase the visibility of power. 
E)  They bring in a lenient enforcement of general and impersonal formal rules.

Question 20

To maintain stability,a manager must ensure that the organization is operating outside its established boundaries.

Accepted Answer

A) True 
 B)False

In profitability budgeting,the burden of proof is on each manager to justify why any money should be spent.

What are the characteristics that the tools used to correct for deviations should possess?

Proper controls can provide the manager with objective information about employee performance.

Many managers tend to decrease controls whenever things are not going according to plan.

In the control pyramid,_____ control requires a human response.

Which of the following statements best describes a budget?

Actual performance always conforms exactly to standards.

What of the following statements is true about personal and impersonal control?

When practicing control,a manager must ensure that _____.

The control pyramid provides a method for implementing controls in the organization.

Behavior control is based on direct,personal surveillance.

The objective behind the monitoring process requirement for control is to gather data and detect problem areas.

Discuss the various types of budgets and their respective purposes.

Managers should regularly attempt to evaluate the economic costs against the benefits of controls.

In the control pyramid,the area of _____ controls is the layer that controls the person implementing the controls.

Return on investment and return on assets are examples of _____ ratios.

How can a manager lessen negative reactions to controls?

The area of deviation controls in the control pyramid deal with repetitive acts and require little thought.

Which of the following is true of rigid controls?

To maintain stability,a manager must ensure that the organization is operating outside its established boundaries.

Management in a Diverse Workplace

The Management Movement

Developing Communication Skills

Decision-Making Skills

Ethical, social, and Legal Responsibilities of Management

International Business

The Basics of Planning and Strategic Management

Organizing Work

Organizational Structure

Understanding Work Groups and Teams

Staffing

Employee Training and Development

Motivating Employees

Developing Leadership Skills

Managing Conflict and Stress

Managing Change and Culture

Appraising and Rewarding Performance

Operations Management and Planning

Operations Control

Filters

Exam 17: Management Control

In profitability budgeting,the burden of proof is on each manager to justify why any money should be spent.

What are the characteristics that the tools used to correct for deviations should possess?

Proper controls can provide the manager with objective information about employee performance.

Many managers tend to decrease controls whenever things are not going according to plan.

In the control pyramid,_____ control requires a human response.

Which of the following statements best describes a budget?

Actual performance always conforms exactly to standards.

What of the following statements is true about personal and impersonal control?

When practicing control,a manager must ensure that _____.

The control pyramid provides a method for implementing controls in the organization.

Behavior control is based on direct,personal surveillance.

The objective behind the monitoring process requirement for control is to gather data and detect problem areas.

Discuss the various types of budgets and their respective purposes.

Managers should regularly attempt to evaluate the economic costs against the benefits of controls.

In the control pyramid,the area of _____ controls is the layer that controls the person implementing the controls.

Return on investment and return on assets are examples of _____ ratios.

How can a manager lessen negative reactions to controls?

The area of deviation controls in the control pyramid deal with repetitive acts and require little thought.

Which of the following is true of rigid controls?

To maintain stability,a manager must ensure that the organization is operating outside its established boundaries.

Management in a Diverse Workplace

The Management Movement

Developing Communication Skills

Decision-Making Skills

Ethical, social, and Legal Responsibilities of Management

International Business

The Basics of Planning and Strategic Management

Organizing Work

Organizational Structure

Understanding Work Groups and Teams

Staffing

Employee Training and Development

Motivating Employees

Developing Leadership Skills

Managing Conflict and Stress

Managing Change and Culture

Appraising and Rewarding Performance

Operations Management and Planning

Operations Control

Filters