FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

14. Control by management is the result of Ascertaining needs, identifying alternative courses of action, setting standards for measuring performance and comparing outcomes with predetermined

image text in transcribed
14. Control by management is the result of Ascertaining needs, identifying alternative courses of action, setting standards for measuring performance and comparing outcomes with predetermined standards. Planning, organizing and directing of organizational activities. Determining efficiency and economy of operations, including whether objectives have been met. Authorizing and monitoring performance and comparing actual performance with planned performance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Core Concepts Of Information Technology Auditing

Core Concepts Of Information Technology Auditing

Authors: James E Hunton, Stephanie M Bryant, Nancy A Bagranoff

1st Edition

0471222933, 9780471222934

More Books

Students also viewed these Accounting questions

Question

★★★★★
Explain the difference between authorized, issued, and outstanding shares.

Answered: 1 week ago

Question

★★★★★
Environmental hazard. Data from the International Tanker Owners Pollution Federation Limited (www.itopf .com) give the cause of spillage for 312 large oil tanker accidents from 19742006. Here are the...

Answered: 1 week ago

Question

★★★★★
Chicago Supply Company manufactures paper clips and other office products. Although inexpensive, paper clips have provided the firm with a high margin of profitability. Sample size is 200. Results...

Answered: 1 week ago

Question

★★★★★
Paragon Tire Co's perpetual inventory records indicate that $2,725,100 of merchandise should be on hand on March 31, 2079. The physical inventory indicates that $2,669, 400 of merchandise is actually...

Answered: 1 week ago

Question

★★★★★
Marketing Scenario B: You are assistant merchandising manager for Walmart de Mexico. You are asked to substitute for the merchandise manager who was called to solve a problem from a Chinese supplier....

Answered: 1 week ago

Question

★★★★★
In a local boutique, you intend to buy a handbag with an original price of $38, a jacket with an original price of $189, and a scarf with an original price of $23. Currently, the store is running a...

Answered: 1 week ago

Question

★★★★★
Please use the following information to answer the next question: A US firm's Accounts Payables (in UK) due in 1 year GBP 5,000,000 Current Spot rate for GBP is $2.00 Annual interest rate in US is 5%...

Answered: 1 week ago

Question

★★★★★
Epsilon inc. has just paid a dividend of $3 per share, and it is expected to pay a dividend of $3.15 per share in one year's time. Assuming that required return is 13% and the dividend growth will...

Answered: 1 week ago

Question

★★★★★
FAR 9.104-5 certification regarding responsibility matters is a DOD federal Acquisition Regulation that addresses the purchasing and disposition of items that are nonconforming. Explain.

Answered: 1 week ago

Question

★★★★★
Bob Martino has a checking account with a local bank. Under SEC independence rules, which condition would allow him to work on the firm's audit of the bank? The amount of money in his account is not...

Answered: 1 week ago

Question

★★★★★
2.1 Discuss what ethics means and the sources of ethical guidance.

Answered: 1 week ago

Question

★★★★★
8 What personal development is elearning good at providing?

Answered: 1 week ago

Question

★★★★★
7 What are the principles of action learning?

Answered: 1 week ago

Previous Question Next Question