Effective Controlling Requires the Existence of Plans

question 117

Multiple Choice

Effective controlling requires the existence of plans,

• A) since planning provides the necessary performance standards or objectives.
• B) since understanding the mission of the organization requires strategic plan.
• C) since control techniques are budget and performance audits.
• D) since managers must show compliance with company policies.

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Definitions:

GPA

Grade Point Average, a standardized measure of academic achievement within a specific period, calculated by dividing the total amount of grade points earned by the total amount of credit hours attempted.

Norm Referencing

A method of scoring in which test scores are compared to a group of other scores called the norm group.

Norm Group

A reference population used to establish benchmarks or standards for comparing and interpreting the scores of individual test-takers.

Adolescents

Individuals in the transitional stage of human development that occurs between childhood and adulthood, typically between the ages of 10 and 19.