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1. Which of the following is an effectiveness indicator? a. telephone response time b. cost per unit c. return on revenue d. number of minutes

1. Which of the following is an effectiveness indicator?

a.

telephone response time

b.

cost per unit

c.

return on revenue

d.

number of minutes to process a document

2. What does economy determine?

a.

management guidelines

b.

the acquisition of resources

c.

the setting of priorities

d.

the SWOT analysis

3. What type of tool is a job description?

a.

a concurrent control tool

b.

a screening control tool

c.

a preventive control tool

d.

a corrective control tool

4. __________________________ indicators can be defined as the degree of success in attaining an organizational units objectives.

5. In controlling, a __________________________ standard determines how many minutes or hours it is required to perform a specific task.

6. Which of the following is a financial need?

a.

revolving credit

b.

bond payable

c.

inventories

d.

working capital loan

-

7. Which form of financing is used to finance trade receivables?

a.

mortgage

b.

factoring

c.

consignment

d.

conditional sales contract

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