THE CONTROL PROCESS
Quiz
•
Education, Other
•
University
•
Practice Problem
•
Hard
Drs. M.M
Used 16+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Control is a process used by managers to direct, regulate, & restrain the actions of people so that the ESTABLISHED OBJECTIVES & GOALS of an enterprise can be ...............
performanced
Planned
achieved
directed
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The following is an example of cost control in a company except ...
Providing insurance for health to all employees
Reduction of overtime
Food cost control
purchase of non-budget goods
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Cost control is defined as the process used by .......... to regulate costs & guard against excessive costs
everyone
employees
managers
supervisors
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The process is cost control chain from : ............., Receiving, Storing, Issuing, preparing for sale, includes Training & scheduling.
Planning
Purchasing
Estimating
Budgeting
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The following are the main places are where excessive costs are found: Material, ......... and Overhead expenses
Services
Money
Vendor
Labor
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The following are cost control techniques, except ...
Record & Reporting
excessive purchasing
Establishing Standards
Establishing Procedures
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The standards are usually set by the management which are useful in judging the extent to which results meet the expectations : Quality Standards, Quantity standards and ......
Healthy standards
Research standars
Sales standards
Cost standards.
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