Homework Answers
OPTION - CONTROLLING.
Controlling the management responsibilities involves evaluating the results of operations against the budget means management controls the entity within the budgets limits, If it exceeds it controls within the budget limits.
Directing - It means the management will direct the company to act in accordance with the budgets specified of individual company.
Planning - It means the management makes a plan for the budget.
If you have any doubts please comment on the answer.
Add Answer to:
Which of the following management responses the involves evaluating the operations against the budget? O A...
Budgets are used to accomplish all of the following tasks, except directing operations controlling operations O...
Budgets are used to accomplish all of the following tasks, except directing operations controlling operations O planning for the future recording actual results Question 32 (0.25 points) A rolling budget is a budget that begins with zero for each expense, and then amounts are added in is continuously updated, so that the next 12 months of operations are always budgeted is executed by upper management extends 5-10 years into the future
24 questions, 2.5 points each; 60 P mary responsibility requires management to compare the budget to actual D. Plan...
24 questions, 2.5 points each; 60 P mary responsibility requires management to compare the budget to actual D. Planning 1. Which pri results? A. Adjusting C. Controlling B. Directing 2. Creating budgets are part of which primary management responsibiliya D. Adjusting A. Planning C. Directing B. Controlling 3. Which of the following statements is true regarding managerial accounting information A. Managerial accounting information must be prepared in conformity with Generally Accepted Accounting Principles (GAAP). anagerial accounting information emphasizes relevance C....
Which of the following are basic phases of the management process? a. Planning and controlling b....
Which of the following are basic phases of the management process? a. Planning and controlling b. Supervising and directing c. Organizing and directing d. Decision making and supervising
Which of the following involves the use of statistical procedures to account for differences in the...
Which of the following involves the use of statistical procedures to account for differences in the composition of populations? O A. Crude rates OB. Specific rates OC. Adjusted rates OD. None of the above
A manager at Starbucks is comparing this month's sales of frapper's against the budget to determine...
A manager at Starbucks is comparing this month's sales of frapper's against the budget to determine why fewer drinks were sold the planned. This is an example of the management function of Controlling Decision-making Planning O Evaluating O Which of the following statements about managerial accounting is false? Managerial accounting is based on reliable, historical information, while financial accounting is based on relevant, forward-looking information External auditors are used to verify the reliability of financial information to the investing public...
Brief Exercise 14-02 Listed below are the three functions of the management of an organization. 1....
Brief Exercise 14-02
Listed below are the three functions of the management of an
organization.
1. Planning 2. Directing 3. Controlling
Identify which of the following statements best describes each of
the above functions.
(a)
ControllingDirectingPlanning
requires management to look ahead and to establish objectives. A
key objective of management is to add value to the business.
(b)
ControllingDirectingPlanning
involves coordinating the diverse activities and human resources of
a company to produce a smooth-running operation. This function
relates to the...
Calculator Which of the following involves choosing between alternatives with an immediate or limited time frame...
Calculator Which of the following involves choosing between alternatives with an immediate or limited time frame in mind? Oa. Strategic decision making b. Restructured alternatives management Oc. Short-run decision making d. The limited options model Oe. None of these choices are correct. Depreciation is aa cost that cannot be affected by any future action. Oa. mixed cost Ob. sunk cost Oc. opportunity cost od, step cost Oe. None of these choices are correct.
Calculator Which of the following involves choosing between alternatives with an immediate or limited time frame...
Calculator Which of the following involves choosing between alternatives with an immediate or limited time frame in mind? Oa. Strategic decision making b. Restructured alternatives management Oc. Short-run decision making d. The limited options model Oe. None of these choices are correct. Depreciation is aa cost that cannot be affected by any future action. Oa. mixed cost Ob. sunk cost Oc. opportunity cost od, step cost Oe. None of these choices are correct.
Match the following terms with the best definition given. Compare actual performance against budgeted goals. 1....
Match the following terms with the best definition given. Compare actual performance against budgeted goals. 1. Planning Occurs when budgets are too loose. 2. Directing Occurs when employee 3. Controlling self-interests are different from company goals. 4. Budget padding Actions to achieve budgeted goals. 5. Goal conflict Setting goals.
QUESTIONS If decisions within a company are made by top management at headquarters, which of the...
QUESTIONS If decisions within a company are made by top management at headquarters, which of the following terms best describes this company? a. cost center. b. decentralized organization. c. centralized organization. d. investment center. QUESTION 6 An organizational segment that is responsible for costs and revenues is known as: O a. a financing center. a profit center b. Oc. a cost center Od. an investment center. QUESTION 7 A management control system is an integrated set of techniques for gathering...
Budgets are used to accomplish all of the following tasks, except directing operations controlling operations O planning for the future recording actual results Question 32 (0.25 points) A rolling budget is a budget that begins with zero for each expense, and then amounts are added in is continuously updated, so that the next 12 months of operations are always budgeted is executed by upper management extends 5-10 years into the future
24 questions, 2.5 points each; 60 P mary responsibility requires management to compare the budget to actual D. Planning 1. Which pri results? A. Adjusting C. Controlling B. Directing 2. Creating budgets are part of which primary management responsibiliya D. Adjusting A. Planning C. Directing B. Controlling 3. Which of the following statements is true regarding managerial accounting information A. Managerial accounting information must be prepared in conformity with Generally Accepted Accounting Principles (GAAP). anagerial accounting information emphasizes relevance C....
Which of the following involves the use of statistical procedures to account for differences in the composition of populations? O A. Crude rates OB. Specific rates OC. Adjusted rates OD. None of the above
A manager at Starbucks is comparing this month's sales of frapper's against the budget to determine why fewer drinks were sold the planned. This is an example of the management function of Controlling Decision-making Planning O Evaluating O Which of the following statements about managerial accounting is false? Managerial accounting is based on reliable, historical information, while financial accounting is based on relevant, forward-looking information External auditors are used to verify the reliability of financial information to the investing public...
Brief Exercise 14-02
Listed below are the three functions of the management of an
organization.
1. Planning 2. Directing 3. Controlling
Identify which of the following statements best describes each of
the above functions.
(a)
ControllingDirectingPlanning
requires management to look ahead and to establish objectives. A
key objective of management is to add value to the business.
(b)
ControllingDirectingPlanning
involves coordinating the diverse activities and human resources of
a company to produce a smooth-running operation. This function
relates to the...
Calculator Which of the following involves choosing between alternatives with an immediate or limited time frame in mind? Oa. Strategic decision making b. Restructured alternatives management Oc. Short-run decision making d. The limited options model Oe. None of these choices are correct. Depreciation is aa cost that cannot be affected by any future action. Oa. mixed cost Ob. sunk cost Oc. opportunity cost od, step cost Oe. None of these choices are correct.
Calculator Which of the following involves choosing between alternatives with an immediate or limited time frame in mind? Oa. Strategic decision making b. Restructured alternatives management Oc. Short-run decision making d. The limited options model Oe. None of these choices are correct. Depreciation is aa cost that cannot be affected by any future action. Oa. mixed cost Ob. sunk cost Oc. opportunity cost od, step cost Oe. None of these choices are correct.
Match the following terms with the best definition given. Compare actual performance against budgeted goals. 1. Planning Occurs when budgets are too loose. 2. Directing Occurs when employee 3. Controlling self-interests are different from company goals. 4. Budget padding Actions to achieve budgeted goals. 5. Goal conflict Setting goals.
QUESTIONS If decisions within a company are made by top management at headquarters, which of the following terms best describes this company? a. cost center. b. decentralized organization. c. centralized organization. d. investment center. QUESTION 6 An organizational segment that is responsible for costs and revenues is known as: O a. a financing center. a profit center b. Oc. a cost center Od. an investment center. QUESTION 7 A management control system is an integrated set of techniques for gathering...
Most questions answered within 3 hours.
-
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 45 minutes ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 2 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 2 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 2 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 2 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 2 hours ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 2 hours ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 2 hours ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 2 hours ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 3 hours ago -
(As soon as possible) Balance each of the following equations
according to the half-reaction method:
H2O2(aq)...
asked 3 hours ago -
A thin rod with a mass of 3.5kg and a length L=1.5 m is oriented
horizontally....
asked 3 hours ago