Question
I just want to specify the options without explanation 58. Which of the following can influence ethical behavior in organizations? I. Employee personal values II.
I just want to specify the options without explanation
58. Which of the following can influence ethical behavior in organizations?
I. Employee personal values
II. Systems for measuring, monitoring and motivating
III. Organizational culture
a. I only b. I and II only c. I and III only d. I, II, and III
59. Fraudulent financial reporting
I. Is an example of unethical behavior
II. Eventually is likely to decrease organizational market value
III. Decreases the value of the accounting profession
a. I only b. II only c. I and III only d. I, II, and III
45. The process of making higher quality business decisions requires each of the following except
a. Distinguishing between relevant and irrelevant information
b. Recognizing and evaluating assumptions
c. Considering organizational values and core competencies
d. Relying on preconceived notions to make decisions more quickly
46. Which of the following statements about open-ended problems is true?
a. Open-ended problems cannot be solved with absolute certainty
b. It is not possible to find the best solution to an open-ended problem
c. Only one possible solution is possible for an open-ended problem
d. The best solution to an open-ended problem ensures the most favorable outcome
47. Why is it necessary to identify whether a problem is open-ended?
a. Open-ended problems require less decision making effort than other types of problems
b. Decision maker biases are not important when addressing open-ended problems
c. More than one potential solution must be explored for open-ended problems
d. Few management decisions are open-ended
48. Which of the following is least likely to be an open-ended problem?
a. How to contribute as a team member
b. Choice of career
c. How to study for a course
d. Identification of required courses for a college degree
49. John is creating next years budget for PDC Corporation. He estimates that next years sales volume will be 5% higher than this year and that the selling price per unit will remain at $75 per unit. He estimates that cost of goods sold will be $40 per unit, based on a purchase agreement the company has signed with its supplier. The company has done business with the supplier for many years. In creating the budget, which of the following tasks is most likely to be open-ended?
a. Calculating budgeted sales volume
b. Determining that sales volume will grow by 5%
c. Calculating budgeted cost of goods sold
d. Determining that cost of goods sold per unit will be $75 per unit
50. Analyzing the strengths and weaknesses of different alternatives includes all of the following except
a. Recognizing and evaluating assumptions
b. Drawing a conclusion about which alternative is best overall
c. Gauging the quality of information
d. Considering different viewpoints
51. Choosing and implementing a solution to a business problem includes
I. Making trade-offs among alternatives
II. Considering the organizations strategies
III. Motivating performance within the organization
a. I only
b. I and II only
c. II and III only
d. I, II, and III
52. Management decisions require monitoring over time for all of the following reasons except
a. The economic environment may change
b. New opportunities may become available
c. To motivate employees to follow plans exactly, even if the plan results in poor performance
d. Unforeseen threats may arise
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