Accounting technicians scheme west africa
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- Solutions Multiple Choice Questions 1. BAD. A 5. E Short Answer Questions
| Review Questions Multiple Choice Questions 1. Correcting deviations from standards is an aspect of a) Planning process b) Control Process c) Actuating process d) Leading process e) Organising process 2. The type of control in which ongoing operations are monitored to ensure that objectives are pursued is known as a) Concurrent control b) Feedback control c) Congruent control d) Feed-forward control e) Process control 3. Which of the following types of strategy is crafter by the Chief Executive Officer and top management of organisation a) Operating strategy b) Divisional strategy c) Functional strategy d) Corporate strategy 175 e) Business strategy 4. Which of this is NOT control based on level in the organisation a) Corporate control b) Strategic control c) Tactical control d) Operational control e) Structural control 5. Which of this is a structural control a) Feed forward control b) Concurrent control c) Feedback control d) Cybernetic control e) Output control Short Answer Questions 1. A type of control system where action is taken only after a significant deviation has occurred is known as ..... 2. The calculation of one or more financial ratios to assess some aspects of the organisation’s financial health is referred to as. 3. Strategies crafted by the head of marketing of an organisation is an example of ....... strategy. 4. ..... control involves monitoring critical environmental factors that could affect the viability of strategic plans. 5. ...... is the determination of the basic long term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources necessary to carryout the goals. Solutions Multiple Choice Questions 1. BAD. A 5. E Short Answer Questions 1. Feedback control 2. Ratio analysis 3. Functional strategy 4. Strategic |