Aof Panel

Soru 1

I- Setting performance standards

II- Measuring actual Performance

III- Comparing actual standards with other firms

IV- Taking corrective actions if necessary

V- Punishing workers

Which ones of the above are the steps in managerial control function?

Soru 2

I- Protect the company’s assets against waste, fraud, and inefficiency.

II- Ensure the reliability and integrity of accounting and operating data.

III- Promote operational efficiency.

IV- Increase the level of quality of the goods the company produces.

Which ones of the above are the goals that Internal control aim to accomplish?

Soru 3

................................... is designed by companies for the purpose of efficient and effective business processes, reliable financial reporting, and compliance with rules and regulations are assessed through internal audit activities.

Which of the following completes the sentece best?

Soru 4

I- Increasing the sales by 10% in the first quarter.

II- Improving the quality of goods and services that the firm produces by the end of this year.

III- Improving the customer loyalty by 5% by the end of the year.

Which ones of the above are considered a successful performance standard statement?

Soru 5

Types of Control Transformation phases

I- Concurrent control A- Output

II- Feedforward control B- Processes

III- Feedback control C- Input

The table above is presented in mixed way. Considering the types of controls and corresponding transformation phase which one of the following is the correct match?

Soru 6

A-..are designed to determine how well those types of objectives and goals are being met.

B-...involves the fundamental control arrangements of the organization, those with which its members have to live day to day.

C-..regulates the day- to-day output relative to schedules, specifications, and costs.

I- Operational control

II- Tactical control

III- Strategic control

What are the appropriate combination between the concepts and their corresponding explanations?

Soru 7

I- Stakeholder perspective

II- Customer perspective

III- Internal business processes

IV- Financial perspective

V- Learning and growth perspective

Which ones of the above are among the very well known perspective in the Balanced Scorecard technique?

Soru 8

.......................................is a set of budgets that forecast revenues and expenses such as sales revenue, cost of goods sold, and operating expenses.

Which of the following completes the sentence above correctly?

Soru 9

Which inventory management and control system is used to ensure timely delivery of a product or service and related inputs?

Soru 10

I- It is one of popular approaches based on a decentralized control philosophy.

II- It builds on continuous improvement of products and processes.

III- It emphasizes that quality inspection is in all processes and at all stages of production or service output.

IV- TQM emphasizes the importance of each manager in the company and requires a commitment from managers at all levels.

Which ones of the above statement are correct with regard to the TQM approach?

Soru 11

I. Personnel

II. Directors

III. Managers

Which of the factors above is internal control affected by?

Soru 12

Which of the following examines the adequacy and effectiveness of internal controls and makes recommendations where control improvements are needed?

Soru 13

Which of the following is NOT one of the steps that the basic control process involves?

Soru 14

Which of the following refers to the specific goals created during the planning process?

Soru 15

Which is the next step to take in control process when the variance is acceptable?

Soru 16

Which of the following is designed to detect and anticipate deviations from standards at various points before relevant work is performed?

Soru 17

Which of the following is one of the characteristics of strategic controls?

Soru 18

Which of the following refers to a management control system that enables organizations to clarify their vision and strategy and translate them into action?

Soru 19

Which of the following is an example of measures about financial effectiveness according to the balanced scorecard?

Soru 20

Which of the following is FALSE about types of budgets?

BUSİNESS MANAGEMENT