5515057
Description
Quiz by Gareth Gouws, updated more than 1 year ago
|
Created by Gareth Gouws
almost 8 years ago
|
|
Question 1
Question
Which statement is false?
Answer
-
Control helps organisations to cope with environmental change
-
Control systems increase costs in an organisation
-
Control helps an organisation to cope with increasing organisational size and complexity
-
Control helps limit the accumulation of error
Question 2
Question
If actual achievements do not match performance standards, management can
Answer
-
Improve actual performance to reach standards
-
Raise standards to accomplish strategies
-
Make strategies more realistic
-
None of the above
Question 3
Question
Read the list of control systems given below
i. Economic-ordering quantity
ii. Materials-requirements planning
iii. Budgets
iv. Just-in-time systems
v. Total quality management
Which combination of control systems is relevant in the control of inventory?
Answer
-
i. ii
-
i. ii. iv.
-
iii. iv.
-
iii. v.
Question 4
Question
Financial budgets focus on ________ whereas operational budgets focus on __________.
Answer
-
revenue; capital expenditure
-
sales volume; time projection of projects
-
cash flow; revenue
-
capital expenditure; cash flow
Question 5
Question
An effective control system is
Answer
-
integrated with planning
-
able to accommodate change
-
objective
-
all of the above
Question 6
Question
The key areas of control are physical, information, financial and human. Which one however is regarded as the most important?
Answer
-
Human
-
Financial
-
Information
-
Physical
Question 7
Question
Which is the correct order for the control process?
Answer
-
Measuring actual performance, Evaluating deviations, Rectifying deviations, Setting standards
-
Rectifying deviations, Setting standards, Measuring actual performance, Evaluating deviations
-
Setting standards, Measuring actual performance,Evaluating deviations,Rectifying deviations
-
Measuring actual performance,Evaluating deviations, Setting standards,Rectifying deviations
Question 8
Question
Which is not a relevant control system in controlling inventory?
Answer
-
Economic ordering quantity
-
Materials requirement planning
-
Just in Time
-
Total Quality Management
Question 9
Question
A budget helps to control finances. Which of the answers below is incorrect?
Answer
-
Supports management in coordinating resources
-
Limits flexibility and between departments
-
Guiding the application of resources
-
Making evaluation of resource allocation possible
Question 10
Question
The main instrument used to control an organisation's human resources is
Answer
-
Emotional support
-
Approval of action
-
Performance measurement
-
Assignment of leadership roles
Question 11
Question
Which is not a characteristic of an effective control system
Answer
-
Simplicity
-
Timeliness
-
Efficiency
-
Flexibility
Question 12
Question
Which one is not true with regards to the purpose of control?
Answer
-
Control is linked to planning. Without control planning is pointless
-
Control is vital in motivating managers to increase the productivity
-
Control helps to minimize costs
-
Control helps detect and limit errors
Want to create your own Quizzes for free with GoConqr? Learn more.