Adv Cost Chapter 22 Test Bank

Adv Cost Chapter 22 Test Bank - CHAPTER 22: MANAGEMENT...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 22: MANAGEMENT CONTROL SYSTEMS, TRANSFER PRICING, AND MULTINATIONAL CONSIDERATIONS MULTIPLE CHOICE 21. Which of the following is NOT a characteristic of a management control system? a. It aids and coordinates the process of making decisions. b. It encourages short-term profitability. c. It motivates individuals throughout the organization to act in concert. d. It coordinates forecasting sales and cost-driver activities, budgeting, and measuring and evaluating performance. Answer : b Difficulty : 2 Objective : 1 22. Stock price information would be an example of management control information at the a. total organization level. b. customer/market level. c. individual-facility level. d. individual-activity level. Answer : a Difficulty : 1 Objective : 1 23. Cost of competitors' products information would be an example of management control information at the a. total organization level. b. customer/market level. c. individual-facility level. d. individual-activity level. Answer : b Difficulty : 1 Objective : 1 24. Employee absenteeism information would be an example of management control information at the a. total organization level. b. customer/market level. c. individual-facility level. d. individual-activity level. Answer : c Difficulty : 1 Objective : 1 25. Labor costs information would be an example of management control information at the a. total organization level. b. customer/market level. c. individual-facility level. d. individual-activity level. Answer : c Difficulty : 2 Objective : 1 Chapter 22 Page 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
A report which contains both financial and nonfinancial management control information is referred to as the a. total-organization report. b. unified management information system report. c. balanced scorecard. d. none of the above. Answer : c Difficulty : 1 Objective : 1 27. The formal management control system includes a. performance measures. b. mutual commitments. c. incentive plans. d. both (a) and (c). Answer : d Difficulty : 1 Objective : 1 28. Exertion towards a goal is a. motivation. b. effort. c. goal congruence. d. incentive. Answer : b Difficulty : 1 Objective : 1 29. The degree of freedom to make decisions is a. decentralization. b. autonomy. c. centralization. d. motivation. Answer : b Difficulty : 1 Objective : 1 30. An advantage of decentralization is that it a. creates greater responsiveness to local needs. b. focuses manager's attention on the organization as a whole. c. does not result in a duplication of activities. d. reduces the cost of gathering information. Answer : a Difficulty : 1 Objective : 2 31. A disadvantage of decentralization is that it a. creates greater responsiveness to local needs. b. focuses manager's attention on the organization as a whole. c.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/27/2012 for the course ACCT 4121 taught by Professor Liu during the Fall '10 term at LSU.

Page1 / 13

Adv Cost Chapter 22 Test Bank - CHAPTER 22: MANAGEMENT...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online