Thursday, November 21, 2013

Chapter 16

Question 1


  1. The basic control process of business begins with ____.


1 points  

Question 2


  1. The three basic control methods are ____.


1 points  

Question 3


  1. When it comes to finances, the Balanced Scorecard focuses on one simple question. That question is ____.


1 points  

Question 4


  1. McDonald's fast-food restaurants have a well-designed training program for all new employees. Each new employee is supposed to learn how to perform standardized tasks. Due to labor shortages in some areas, these new employees begin work as soon as they are hired and do not receive any off-the-job training. This nonconformity to standards creates ____.


1 points  

Question 5


  1. ____ are a basis of comparison for measuring the extent to which organizational performance is satisfactory or unsatisfactory.


1 points  

Question 6


  1. Normative controls should be used when ____.


1 points  

Question 7


  1. Which of the following statements about normative control is true?


1 points  

Question 8


  1. According to the text, which of the following factors can help managers to determine whether more control is possible?


1 points  

Question 9


  1. InterpublicInterpublic, the world's third-biggest marketing services group, informed the SEC that it "had found accounting errors resulting from incompetence as well as falsified books and records, violations of the laws and company policies, and inappropriate customer charges" that required it to restate its earnings for every year in the decade. Interpublic is guilty of overstating both its expenses and its revenues in its earning reports. Interpublic blames its faulty revenue reporting on "inadequate procedures for review of customer contracts." This fraudulent activity will more than likely result in a default on the company's debt and the loss of its stock market listing.

    Refer to Interpublic. It appears that the control method Interpublic believed it should have used was one that focused on whether rules and policies were being followed. This approach is called ____.


1 points  

Question 10


  1. Ironically, ____ control may lead to even more pressure for workers to conform to expectations than ____ control.


1 points  

 Save and Submit

Click Save and Submit to save and submit. Click Save All Answers to save all answers.

No comments:

Post a Comment