True
False
True
False
Board of directors or top management
Production department
Finance department
Personnel department
Marketing department
Only a proportion of the information which is moving through the organisation is of real management importance.
The ability to store vast amounts of information and to call this up at will for processing is available to meet the needs of management.
Both the control system and the organisation structure must be designed so as to use the important information, discard that which is valueless, and concentrate only on that which is meaningful for management purposes.
It is important that the information system provides for the needs of different levels of management, that is, top and middle management, and for supervisors at work level.
Decision-making may be involved at each management level.
True
False
Control must be set according to the nature of the job which is to be performed.
Deviations must be reported immediately.
Controls must conform to the pattern of the organisation.
Controls should not show exceptions at selected points.
Control should be flexible and economical in use.
Controls should be simple to understand and should indicate the corrective action necessary.
True
False
Budgetary control
Standard costing
True
False
True
False
True
False
Leads to savings in production costs and makes more effective use of human effort.
Provides information and reveals efficiency.
Improves conditions, methods and layout.
Ensures a steady flow of material and an equal reward for the same skill and effort.
Work study
Method study
Work measurement
True
False
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