C 483 WGU PRINCIPLES OF
MANAGEMENT EXAM QUESTIONS
WITH 100% CORRECT ANSWERS L
LATEST VERSION 2025/2026.
What is Accommodation in the context of conflict resolution? - ANS A style of dealing with
conflict involving cooperation on behalf of the other party but not being assertive about one's
own interests
What do Accounting audits involve? - ANS Verifying accounting reports and statements
What does Acquisition refer to in a business context? - ANS One firm buying another
What is Activity-Based Costing (ABC) used for in cost accounting? - ANS Identifying streams of
activity and allocating costs based on employee salaries
What do Adapters do in the business context? - ANS Follow industry trends without making
strategic choices
What is Adverse impact in employment practices? - ANS When a seemingly neutral
employment practice has a disproportionately negative effect on a protected group
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,What does the Advertising support model involve? - ANS Charging fees to advertise on a site
What is affective conflict characterized by? - ANS Emotional disagreement directed toward
other people
What does the affiliate model in business involve? - ANS Charging fees to direct site visitors
to other companies' sites
What is Affirmative action in the workplace? - ANS Special efforts to recruit and hire qualified
members of groups that have been discriminated against in the past
What does Alderfer's ERG theory propose? - ANS A human needs theory postulating that
people have three basic sets of needs that can operate simultaneously
What is arbitration in the context of labor disputes? - ANS The use of a neutral third party to
resolve labor dispute
What is the purpose of an assessment center in the context of managerial performance? -
ANS A managerial performance test in which candidates participate in a variety of exercises
and situations
In financial terms, what do assets represent? - ANS The values of the various items the
corporation owns
How would you define Authentic leadership? - ANS A style in which the leader is true to
himself or herself while leading
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,What characterizes autocratic leadership? - ANS A form of leadership in which the leader
makes decisions on his or her own and then announces those decisions to the group
What is the role of autonomous work groups in a business setting? - ANS Controlling
decisions about and execution of a complete range of tasks
How would you describe avoidance as a reaction to conflict? - ANS Ignoring the problem by
doing nothing at all, or deemphasizing the disagreement
What does a balance sheet show about a company? - ANS The financial picture at a given
time, itemizing assets, liabilities, and stockholders' equity.
What does the balanced scorecard combine in its control system? - ANS Four sets of
performance measures: Financial, customer business process, and learning and growth
What are barriers to entry in the context of business? - ANS Conditions that prevent new
companies from leaving an industry
How is the behavioral approach defined in leadership? - ANS Identifying what good leaders
do, specifically the behaviors they exhibit
What does benchmarking involve? - ANS Comparing an organization's practices and
technologies with those of other companies
What is Bootlegging in the context of work? - ANS Informal work on projects, other than
those officially assigned, of employees' own choosing and initiative
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, How is a boundaryless organization defined? - ANS An organization in which there are no
barriers to information flow
What is bounded rationality? - ANS A less-than-perfect form of rationality where decisions
are complex and complete information is unavailable or cannot be fully processed
What is the purpose of Brainstorming? - ANS Generating as many ideas about a problem as
possible; criticism is withheld until all ideas have been proposed
Who is a bridge leader? - ANS A leader who bridges conflicting value systems or different
cultures
What does a broker do in a network? - ANS Assembles and coordinates participants in a
network
What is budgeting in organizational terms? - ANS Investigating what is being done and
comparing the results with the corresponding budget data to verify accomplishments or remedy
differences; also called budgetary controlling
What does buffering involve in a business context? - ANS Creating supplies of excess
resources in case of unpredictable needs
How is bureaucratic control defined? - ANS The use of rules, regulations, and authority to
guide performance
What do business incubators provide for new, small businesses? - ANS Protected
environments for growth
4 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
MANAGEMENT EXAM QUESTIONS
WITH 100% CORRECT ANSWERS L
LATEST VERSION 2025/2026.
What is Accommodation in the context of conflict resolution? - ANS A style of dealing with
conflict involving cooperation on behalf of the other party but not being assertive about one's
own interests
What do Accounting audits involve? - ANS Verifying accounting reports and statements
What does Acquisition refer to in a business context? - ANS One firm buying another
What is Activity-Based Costing (ABC) used for in cost accounting? - ANS Identifying streams of
activity and allocating costs based on employee salaries
What do Adapters do in the business context? - ANS Follow industry trends without making
strategic choices
What is Adverse impact in employment practices? - ANS When a seemingly neutral
employment practice has a disproportionately negative effect on a protected group
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,What does the Advertising support model involve? - ANS Charging fees to advertise on a site
What is affective conflict characterized by? - ANS Emotional disagreement directed toward
other people
What does the affiliate model in business involve? - ANS Charging fees to direct site visitors
to other companies' sites
What is Affirmative action in the workplace? - ANS Special efforts to recruit and hire qualified
members of groups that have been discriminated against in the past
What does Alderfer's ERG theory propose? - ANS A human needs theory postulating that
people have three basic sets of needs that can operate simultaneously
What is arbitration in the context of labor disputes? - ANS The use of a neutral third party to
resolve labor dispute
What is the purpose of an assessment center in the context of managerial performance? -
ANS A managerial performance test in which candidates participate in a variety of exercises
and situations
In financial terms, what do assets represent? - ANS The values of the various items the
corporation owns
How would you define Authentic leadership? - ANS A style in which the leader is true to
himself or herself while leading
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,What characterizes autocratic leadership? - ANS A form of leadership in which the leader
makes decisions on his or her own and then announces those decisions to the group
What is the role of autonomous work groups in a business setting? - ANS Controlling
decisions about and execution of a complete range of tasks
How would you describe avoidance as a reaction to conflict? - ANS Ignoring the problem by
doing nothing at all, or deemphasizing the disagreement
What does a balance sheet show about a company? - ANS The financial picture at a given
time, itemizing assets, liabilities, and stockholders' equity.
What does the balanced scorecard combine in its control system? - ANS Four sets of
performance measures: Financial, customer business process, and learning and growth
What are barriers to entry in the context of business? - ANS Conditions that prevent new
companies from leaving an industry
How is the behavioral approach defined in leadership? - ANS Identifying what good leaders
do, specifically the behaviors they exhibit
What does benchmarking involve? - ANS Comparing an organization's practices and
technologies with those of other companies
What is Bootlegging in the context of work? - ANS Informal work on projects, other than
those officially assigned, of employees' own choosing and initiative
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, How is a boundaryless organization defined? - ANS An organization in which there are no
barriers to information flow
What is bounded rationality? - ANS A less-than-perfect form of rationality where decisions
are complex and complete information is unavailable or cannot be fully processed
What is the purpose of Brainstorming? - ANS Generating as many ideas about a problem as
possible; criticism is withheld until all ideas have been proposed
Who is a bridge leader? - ANS A leader who bridges conflicting value systems or different
cultures
What does a broker do in a network? - ANS Assembles and coordinates participants in a
network
What is budgeting in organizational terms? - ANS Investigating what is being done and
comparing the results with the corresponding budget data to verify accomplishments or remedy
differences; also called budgetary controlling
What does buffering involve in a business context? - ANS Creating supplies of excess
resources in case of unpredictable needs
How is bureaucratic control defined? - ANS The use of rules, regulations, and authority to
guide performance
What do business incubators provide for new, small businesses? - ANS Protected
environments for growth
4 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
