LJJ INAC

Which of the following is not part of the definition of an 'Organisation'?

• Collective Goals

• Social Arrangements

• Scalar Chain

• Controlled Performance

What is missing from the sequence? Standard, Sensor, Comparator, Effector, ********?

There are a number of different types of control mechanism.

The following is a definition of one - which one?

'So that employees are aware what is expected of them?'

Match the following

• Many levels of management

• Manager has expertise in multiple areas

• Short scalar chain

• Flat organisation

• Wide span of control

• Long scalar chain

• Limited delegation of decision-making

• High degree of Centralisation

• Narrow span of control

• Tall organisation

Differentiate between Authority, Responsibility and Accountability

There are a number of different types of control mechanism.

The following is a definition of one - which one?

'Managers are expected to be role models, mistakes are not tolerated and 'right-first-time approach adopted'

Which may not be a benefit of an Integrated Accounting System?

• Provides greater consistency of data

• Provides information for Financial and Management users of accounts

• Increases confidence in the data

• Cheaper to operate than 2 separate systems

What are the advantages and disadvantages of a System or Procedures Manual?

Which of the following is not a purpose of management accounting?

• Control

• Decision-making

• Planning

• Profit

What is meant by 'Financial Statements'?