A Logistics Company Recently Installed Microchips in All Its Telephone

question 36

Multiple Choice

A logistics company recently installed microchips in all its telephone sets to track and record calls made by its employees. The company did this to ensure that the employees were making only service calls and not personal calls. This is most likely an example of _____.

• A) normative control
• B) bureaucratic control
• C) concertive control
• D) objective control

---

Definitions:

Consolidated Balance Sheet

A financial statement that aggregates the assets, liabilities, and equity of a parent company and its subsidiaries into a single document, portraying the financial position of the entire group.

Fair Value

The cost at which an asset could be sold or a liability could be resolved in a structured exchange among participants in the market as of the evaluation date.

Common Shares

are equity securities that represent ownership in a corporation, entitling holders to a share of the corporation's profits through dividends and/or capital appreciation.

Consolidated Financial Statements

Financial statements that show the financial position and results of operations for a parent company and its subsidiaries as one economic entity.