Describe the basic control process and various methods that managers can use to maintain control in the organization

1 answer:

6 0

Answer: Manager is a lead member in the organization who looks into matters of production of goods and services and working of superior members of the organization.

Explanation:

Various methods of control process in the organization are:

1. Output control: Measurable results of the output generated by the superior members of the organization assign to a particular work. Encouraging employees to give maximum output in short time.

2. Behavioral control: Controlling the action and activities of the superior members of the organization by encouraging them, promoting, supporting them, and organizing fun activities for them.

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Answer:

The correct answer is unwillingness of borrowers to obtain loans from banks to invest in factories or expansion of the firm.

Explanation:

Solution

Given that:

Leakage problem occurs or happens within an economy when the money goes out of the economy, which leads to a loss in the economic value of goods and services, and also leads to loss in profits making.

This would lead to an unwillingness of borrower's to obtain loans from banks in the expansion of the firm or to invest in factories.

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Which of the following is true of source documents in an accounting information system?

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Answer:

a. Source documents provide control and reliability in an accounting information system.

Explanation:

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With the help of the source documents the accounting system provides the reliable and controlling of transactions

This is the first step to verify the transactions after that recording, posting of transactions could be done.

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Answer: False

Explanation:
Being able to determine the effect on price would have to be circumstantial

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Question 6. (10 marks)

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Saying that Risk and Return go hand in hand, tells us that you ________ as the length of the investment horizon ________." A. ca

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Answer:

A. can afford to take on additional risk; increases

Explanation:

Saying that Risk and Return go hand in hand, tells us that you can afford to take additional risk as the length of the investment horizon increases. Increasing the length of the investment horizon increases the ability to take on additional risk because in the long run the investment pays off while it may be choppy in the short time horizon.

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