Chapter 19 Review

Chapter 19 Review - • Preliminary Control • Concurrent...

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Name ______________________________ B384 – Business Management Chapter 19 Review Guide 1. What are three reasons why management controls needed? 2. What are the basic principles of a feedback system? 3. What are the three basic requirements for management control? 1. 2. 3. 4. Explain the five levels of the Management Control Pyramid 1. 2. 3. 4. 5. 5. What is the difference between behavior control and output control?
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6. Give one example of each of the following:
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Unformatted text preview: • Preliminary Control • Concurrent Control • Post-Action Control 7. Define Zero-Based Budgeting 8. What is the purpose for each of the following budget types: • Revenue & Expense Budget • Cash Budget • Capital Expenditure Budget • Production, Material, or Time Budget • Balance Sheet Budget 9. Which type of budget would be best for knowing how much cash you actually have?...
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Chapter 19 Review - • Preliminary Control • Concurrent...

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