76) Pham is a stickler for accountability, so he truly enjoys his job. He travels around the country
doing formal reviews of companies to ensure that they have accurately managed and reported
processes according to established guidelines. What does Pham do for work?
A) conduct audits
B) prepare performance appraisals
C) develop standards and metrics
D) prepare cash flow analyses
77) Mike is planning to expand his business and invest in several new Taco Giant trucks. To
qualify for a loan, the bank wants to know the net income of Mike’s business. What kind of
document should Mike provide?
A) cash flow analysis
B) balance sheet
C) profit and loss statement
D) budget
78) Suki’s dress pattern business has grown quickly. She meets with advisors to plan the
company’s next phase, and tells them she’s likely to use the Beyond Budgeting control system.
One thing that attracted Suki to the system is that it focuses on ________.
A) tightly controlling employees
B) eliminating redundancy
C) empowering employees
D) centralizing decision making
79) Which of the following is NOT one of the adaptability principles of the Beyond Budgeting
model?
A) reward teams for successes
B) make strategy an inclusive process
C) rethink the core business
D) use resources as needed