Hi tutor,

I have some multiple choice questions relating to my management control system class. I really need your help. Thanks you

15. an example of a long-term incentive for an employee is:

a. profile sharing

b. annual vacation

c. stock option plan

d. All of the above

E. None of the above

14. what is an example of gamesmanshift?

a. Creation of slack resource

b. Lengthy review processes

c. Negative attitudes

d. All of the above

E. None of the above

13. what is an example of a non-monetary punishment?

a. Promotion

b. No promotion

c. Vacation trip

d. All of the above

E. None of the above

12. From our ethics lecture, we discussed amongst other things earnings management. What is earnings management?

a. Change procedure to include sales orders received in monthly sales when they have not been shipped

b. A change in accounting policy to reduce the limit of any expenditure to be capitalized.

c. A change in accounting policy from LIFO to FIFO to improve earnings.

d. All of the above

E. None of the above

11. The aim of performance management is to:

a. Ensure employee's performance is supporting the company's strategic goals and objectives.

b. Consolidate goal setting.

c. Evaluate employee's performance against standards.

d. All of the above

E. None of the above

10. The case on Diagnostic Products identifies the following major ethical principles:

a. Utilitarianism, Fairness, Duties and Obligations, and Virtues.

b. Utilitarianism, Rights, Obligations and Virtues.

c. Nepotism, Rights, Obligations and Virtues

d. All of the above

E. None of the above

9. which one of the following is not a key perspective of the balanced scorecard?

a. Financial perspective

b. Customer perspective

c. investment perspective

d. All of the above

E. None of the above

8. what is the benefit of setting high targets for performance pay?

a. to maintain vertical compensation equity

b. to avoid underserved bonuses for performance which is considered mediocre or worse.

d. All of the above

E. None of the above

7. Oshman manufactory small kitchen appliances, such as blenders, toasters and mixers. The firm has nearly 80000 employees in 22 countries. Employees receive annual performance appraisals from their supervisors that combine critical incidents with a graphic rating scale. However, the firm's CEO advocates shifting from performance appraisals to performance management in an attempt to make Oshman more competitive and performance driven. Which of the following, if true, supports the argument to replace Oshman's traditional appraisal methods with the performance management approach?

a. Oshman's competitors in the small appliance industry monitor the performance of their employees through electronic performance monitoring system

b. Oshman executives want to align the firm's strategic plan with individual employee goals and development needs.

c. Oshman executives believe that upward feedback helps managers improve their own management style and interpersonal skills.

d. Oshman has experienced problems associated with central tendency and bias, and the firm wants to ensure that appraisals are legally sound.

e. None of the above.

6. what is the purpose of transfer price within an organization?

a. it provides for unprofitable profit centers to be made profitable through the use of subsidizes prices.

b. it provides proper economic signals so that profit center managers make good economic decisions from a corporate standpoint

c. it provides profitable profit centre to be made even more profitable as a form of incentive to the profit centre manager.

d. All of the above

E. None of the above

5. Which of the following statements is correct? A highly centralised organisation.

a. Does not need any kind of performance measurement and reporting

b. Permit a substantial degree of autonomy to divisional managers.

c. Allows managers to retain close scrutiny and control over the business

d. Is always less efficient than a decentralised organisation.

e. None of the above.

4. the net book value problem with measures such as ROI and RI is that:

a. it does not represent a replacement value of the assets and therefore as time passes decrease over time.

b. As time passes, the capital charge and the return both increase

c. with the passage of time, aging assets increases both value

d. All of the above

E. None of the above

3. which of the following statements about non-financial performance measures is not correct?

a. the use of non-financial performance measures helps to address the deficiencies of measurements such as ROI

b. The most appropriate non-financial measures vary depending upon the nature of the organization

c. non- financial measures do not involve the calculation of recording of any numbers

d. non- financial measures should correspond as far as possible with the aims of the organisation as a whole

e. None of the above

2. When goal setting, performance appraisal, and development are consolidated into a single, common system designed to ensure that employee performance supports a company's strategy. It is called:

a. strategic organizational development

b. performance management

c. performance appraisal

d. Human resources management

e. None of the above

1. Three typical factors that drive the behaviors of employees to act unethically are:

a. Supervision, Motivation and Controls

b. Opportunity, Rationalization and Motivation

c. Motivation, Adictions and Supervision

d. All of the above

E. None of the above