IIA-CIA-Part4 Certified Internal Auditor - Part 4, Business Management Skills

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Showing 10–12 of 20 questions

Question 10

Two managers were discussing the merits of goal setting to improve employee performance. One manager felt that specific goals should not be established and that, to provide for flexibility, only generalized goals should be used. The other manager felt that specific, difficult goals produce the best results. As the discussion continued, other methods of goal setting were identified. Select the best method for setting goals.

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  • The manager should provide generalized goals.

  • The manager should select specific, difficult goals.

  • The employee should develop generalized goals and obtain management concurrence.

  • The employee should develop specific, difficult goals and obtain management concurrence.

Question 11

A leader who explains decisions and provides opportunity for clarification is described as having which leadership style?

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  • Selling.

  • Telling.

  • Participating.

  • Delegating.

Question 12

X and Y are substitute products. If the price of product Y increases, the immediate impact on product X is that its:

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  • Price will increase.

  • Quantity demanded will increase.

  • Quantity supplied will increase.

  • Price, quantity demanded, and supplies will increase.