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Traditional organization theory uses which of the following to motivate workers? Group of answer choices Increased responsibility Job satisfaction Nature of the work itself Bonuses

Traditional organization theory uses which of the following to motivate workers?

Group of answer choices

Increased responsibility

Job satisfaction

Nature of the work itself

Bonuses

Self-esteem

image text in transcribedimage text in transcribedimage text in transcribed
D Question 1 An after-the-fact flexible budget: O is used only when the actual level of activity is the same as the static budget level of activity. O All of these are correct. O is used to provide the expected cost for a range of activity levels. is useful for control. O is the key to receiving frequent feedback from customers. D Question 2 Which budget should be used to determine managerial effectiveness? O before-the-fact flexible budget O static budget O after-the-fact flexible budget O financial budget O cash budget D Question 3 Which of the following is true of a flexible budget? It enables a firm to compute expected costs for a range of activity levels. It is prepared by large firms only. O It is a budget created in advance that is based on a particular level of activity. It is used to measure whether or not a manager accomplishes his or her goals. O It is usually not a good choice for benchmarks while preparing a performance report.D Question 4 Which of the following is a use of budgets for control? O Communication is improved. O If conditions change between the formation of the budget and the current time, budgets can be quickly adapted. O Budgets set a standard against which results can be compared. O All of these. O Plans can be made for the future. D Question 5 To create a meaningful performance report, O actual costs are compared with the expected costs at the same level of activity. O actual costs are calculated as a percentage of sales. O actual costs are compared with the prior year's actual costs. O actual costs are compared with the expected costs found in the static budget. O expected costs of the static budget are compared with the expected costs of the flexible budget. D Question 6 Which of the following is the most common starting point in the information gathering process for budgeting? The projected income statement O The sales forecast O The personnel forecast O The production forecastD Question 8 A company's planned borrowings and repayments appear on the O production budget. O interest income budget. O selling and administrative expenses budget. O cash budget. O operating budget. D Question 9 Which of the following is true of participative budgeting? It is only in use by large firms that need to prepare cash budgets. O It gives an opportunity to build slack into the budgets. O It always reflects operating realities such as actual levels of activity and seasonal variances. It results in achieving maximum organizational efficiency. O It can only be used by small firms. D Question 10 The planned ending cash balance for the year appears on which of the following statements? O Production budget O Budgeted balance sheet O Budgeted cash disbursements O Budgeted cash receipts O Budgeted income statement

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