Management – Knowsia

AAA – L3 – SA – Q4.3 – Professional responsibility and liability

Who is primarily responsible for detecting fraud in a company?

Question

Who has the main responsibility for detecting fraud in a company?

A Senior management

B The external auditors

C The police authorities

D The internal auditors

Answer

Find Related Questions by Tags, levels, etc.

Tags: Auditors, External Audit, Fraud Detection, Internal Audit, Management, Professional Ethics, Responsibility
Level: Level 3

Topic: Professional responsibility and liability

BMIS – L1 – SA – Q16.1 – Teams

Identifies characteristics distinguishing formal teams from informal work groups.

Question

A formal team differs from informal work groups. Which of the following does NOT describe a formal team?

A It is created to perform a specific task and is then disbanded. The group is often made up of individuals from different functional areas of the organisation (it is ‘multi-disciplinary’).

B It has a clear set of work tasks, with specific objectives.

C It is not organised by management and has no specific objective or tasks.

D It has a formal existence – members have formal roles and job titles.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Formal Teams, Informal Groups, Management, Organizational Structure, Teams
Level: Level 1

Topic: Teams

BMIS – L1 – SA – Q14.2 – Management and leadership

Defines the role of leading in achieving organizational objectives.

Question

Leading involves:

A controlling others

B directing and influencing others towards the achievement of organisational objectives

C ensuring that activities conform to planned events

D setting timetables and work schedules

Answer

Find Related Questions by Tags, levels, etc.

Tags: Directing, Influencing, Management, Organizational Objectives
Level: Level 1

Topic: Management and leadership

BMIS – L1 – SA – Q14.1 – Management and leadership

Identifies Frederick Taylor's contribution to management theory.

Question

Frederick Taylor was a US engineer who is considered the founder of which of the following?

A Classical school of management thinking

B Specialisation

C Scientific management

D Bureaucracy

Answer

Find Related Questions by Tags, levels, etc.

Tags: Classical Management, Frederick Taylor, Leadership, Management, Scientific Management
Level: Level 1

Topic: Management and leadership

AA – L2 – SA – Q1.4 – Internal Audit Functions

Identify two effective internal audit functions.

Question

The objectives and scope of the internal audit function vary widely and depend on the structure and size of the entity plus the requirements of management. Which TWO of the following functions could internal audit perform and still operate effectively? A Examining financial and operational information for management B Reviewing accounting systems and related controls C Approving annual budgets D Preparing reconciliations between the receivables ledger control account and the receivables ledger

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit functions, Controls, ICAG, Internal Audit, Management
Level: Level 2

Topic: Internal Audit and Its Relationship with External Audit

BMIS – L1 – SA – Q8.1 – Finance, R&D and Marketing Strategies

Determines if a core competence involves performing all non-core activities internally.

Question

A core competence is when an organisation performs all non-core activities itself.

A True

B False

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Operations, Business Strategy, Competitive advantage, Core Competence, Finance, Management, Marketing, Organizational Skills, R&D, Strategic Thinking
Level: Level 1

Topic: Finance

BMIS – L1 – QD12 – Management and leadership

Explain the difference between authority and responsibility in management.

Question

Explain the difference between authority and responsibility.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Authority, Delegation, Leadership, Management, Responsibility
Level: Level 1

Topic: Management and leadership

BMIS – L1 – QD11 – Management and leadership

List the five main duties of management as identified by Fayol.

Question

(a). List the five main duties of management, as identified by Fayol.

(b). List and describe the roles of management, as stated by Mintzberg.

(c). Suggest (with reasons) which view of the role of management you consider more realistic.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Fayol, Leadership, Management, Mintzberg, Realism
Level: Level 1

Topic: Management and leadership

BMIS – L1 – QB1 – Span of Control

Describe circumstances leading to a narrow span of control.

Question

(a) Describe the circumstances under which you might find a narrow span of control.

(b)(i) State and justify whether you would expect to find a wide or a narrow span of control for the head of research in a small pharmaceuticals company.

(b)(ii) State and justify whether you would expect to find a wide or a narrow span of control for the site manager on a building construction site.

(b)(iii) State and justify whether you would expect to find a wide or a narrow span of control for the head of a department store.

(b)(iv) State and justify whether you would expect to find a wide or a narrow span of control for the fashion manager in a fashion design team.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Design Management, Management, Organisational Structure, Span of Control
Level: Level 1

Topic: Business and organisational structure

Tag (SQ): Management

Filter by Professional Bodies

Filter by Subject

Filter by Topics

Filter by Levels

AAA – L3 – SA – Q4.3 – Professional responsibility and liability

Who is primarily responsible for detecting fraud in a company?

BMIS – L1 – SA – Q16.1 – Teams

Identifies characteristics distinguishing formal teams from informal work groups.

BMIS – L1 – SA – Q14.2 – Management and leadership

Defines the role of leading in achieving organizational objectives.

BMIS – L1 – SA – Q14.1 – Management and leadership

Identifies Frederick Taylor's contribution to management theory.

AA – L2 – SA – Q1.4 – Internal Audit Functions

Identify two effective internal audit functions.

BMIS – L1 – SA – Q8.1 – Finance, R&D and Marketing Strategies

Determines if a core competence involves performing all non-core activities internally.

BMIS – L1 – QD12 – Management and leadership

Explain the difference between authority and responsibility in management.

BMIS – L1 – QD11 – Management and leadership

List the five main duties of management as identified by Fayol.

BMIS – L1 – QB1 – Span of Control

Describe circumstances leading to a narrow span of control.

Our offerings

Community

Contact Info

Customer

Get In Touch

Tag (SQ): Management

Filter by Professional Bodies

Filter by Subject

Filter by Topics

Filter by Levels

AAA – L3 – SA – Q4.3 – Professional responsibility and liability

Who is primarily responsible for detecting fraud in a company?

You're reporting an error for "AAA – L3 – SA – Q4.3 – Professional responsibility and liability"

BMIS – L1 – SA – Q16.1 – Teams

Identifies characteristics distinguishing formal teams from informal work groups.

You're reporting an error for "BMIS – L1 – SA – Q16.1 – Teams"

BMIS – L1 – SA – Q14.2 – Management and leadership

Defines the role of leading in achieving organizational objectives.

You're reporting an error for "BMIS – L1 – SA – Q14.2 – Management and leadership"

BMIS – L1 – SA – Q14.1 – Management and leadership

Identifies Frederick Taylor's contribution to management theory.

You're reporting an error for "BMIS – L1 – SA – Q14.1 – Management and leadership"

AA – L2 – SA – Q1.4 – Internal Audit Functions

Identify two effective internal audit functions.

You're reporting an error for "AA – L2 – SA – Q1.4 – Internal Audit Functions"

BMIS – L1 – SA – Q8.1 – Finance, R&D and Marketing Strategies

Determines if a core competence involves performing all non-core activities internally.

You're reporting an error for "BMIS – L1 – SA – Q8.1 – Finance, R&D and Marketing Strategies"

BMIS – L1 – QD12 – Management and leadership

Explain the difference between authority and responsibility in management.

You're reporting an error for "BMIS – L1 – QD12 – Management and leadership"

BMIS – L1 – QD11 – Management and leadership

List the five main duties of management as identified by Fayol.

You're reporting an error for "BMIS – L1 – QD11 – Management and leadership"

BMIS – L1 – QB1 – Span of Control

Describe circumstances leading to a narrow span of control.

You're reporting an error for "BMIS – L1 – QB1 – Span of Control"

Our offerings

Community

Contact Info

Customer

Get In Touch

admin

Pick a Form