Practice Test

Q1) Control is a fundamental managerial function that usually follows other functions. Show Answer

Q2) _______ as a function of management, therefore, means the measurement and correction of performance of activities of subordinates in order to make sure that enterprise objectives and plans devised to attain them are accomplished. Show Answer

Q3) Control presupposes the existence of ________. Show Answer

Q4) Controlling is _______ looking. Show Answer

Q5) A manager can control the past. Show Answer

Q6) Controlling exists at every management level. Show Answer

Q7) Control is _______. Show Answer

Q8) Importance of control: ______. Show Answer

Q9) Importance of control: ______. Show Answer

Q10) Arrange the process of control in proper form.1. Follow through2. Establishment of goals and standards3. Corrective action4. Measurement of actual performance Show Answer

Q11) Which of the following is essential of good control system? Show Answer

Q12) Which of the following is essential of good control system? Show Answer

Q13) Which of the following is essential of good control system? Show Answer

Q14) Control system is _______. Show Answer

Q15) Which of the following is/are traditional control device(s) of control system? Show Answer

Q16) Which of the following is/are traditional control device(s) of control system? Show Answer

Q17) Which of the following is/are traditional control device(s) of control system? Show Answer

Q18) Which of the following is/are traditional control device(s) of control system? Show Answer

Q19) Which of the following is/are non-traditional control device(s) of control system? Show Answer

Q20) Which of the following is/are non-traditional control device(s) of control system? Show Answer

Q21) Which of the following is/are non-traditional control device(s) of control system? Show Answer

Q22) ______ defines a budget as " a financial and/or quantitative statement prepared prior to a defined period of time of the policy to be pushed during that period for the purpose of attaining a good objective". Show Answer

Q23) _______ has defined budgetory control as "the establishments of objectives relating to the responsibilities of executives to the requirements of a policy and the continuous comparision of actual with budgeted results, either to secure by Individual action the objectives of that policy or to provide a basis for its revision". Show Answer

Q24) Which of the following is not benefit of budgetory control? Show Answer

Q25) ________ can be done to compute and analyze financial statements. Show Answer

Q26) _______ is a point of 'no profit- no loss'. Show Answer

Q27) Zero base budgeting is a new approach to budgeting which was first introduced by Peter Puhrr in _____. Show Answer

Q28) Zero base budgeting is a new approach to budgeting which was first introduced by Peter Puhrr in the ______. Show Answer

Q29) ______ is a technique for planning and controlling complex projects and for scheduling the resources required on such products. Show Answer

Q30) _______ an important network technique for management control was developed by Walkar of Dupont to reduce time for periodic maintenance. Show Answer

Q31) _______ may be defined as the systematic and dispassionate examinations, analysis and appraisal of management's overall performance. Show Answer

Q32) Efficient control system discriminates between important and unimportant factors. Show Answer

Q33) Traditional control devices focus on scientific methods whereas non-traditional devices are based on more of non-scientific methods. Show Answer

Q34) Zero Base Budgeting can be used more meaningfully in those areas where a direct relationship exists between the expenditure on an activity and its benefit to the enterprise. Show Answer

Q35) Planning and controlling are closely linked to each other. Show Answer

Q36) The essential skills which every manager needs for doing better management is known as _______. Show Answer

Q37) It is instantaneous, self-correcting and forward-looking. Show Answer

Q38) Non-traditional control devices are based on _______. Show Answer

Q39) Modern control system is ________ rather than work or job oriented. Show Answer

Q40) Which of the following is incorrect regarding control? Show Answer

Q41) A budget is frequently prepared to combine all other budgets in summary form. It is known as _______. Show Answer

Q42) Which of the following is not an example of traditional control device? Show Answer

Q43) Which of the following is the third step in the process control? Show Answer

Q44) Which of the following is known as a 'no profit-no loss' situation? Show Answer

Q45) Zero base budgeting is a new approach to budgeting which was first introduced by ______.
Show Answer

Q46) A manager can control the past as well as take action for future Show Answer

Q47) Which function involves constant revision and analysis of standards resulting from deviations? Show Answer

Q48) Control presupposes the existence of ___ and ___ Show Answer

Q49) Control is a ____ function to ensure and maintain co-ordination throughout the organization. Show Answer

Q50) ____ and ____ are two important phases under corrective action Show Answer

Q51) Ideal control is self-correcting and forward looking Show Answer

Q52) The traditional control techniques are: Show Answer

Q53) _______ provides the yardstick for measurement of performance essential for effective control Show Answer

Q54) Efficient control system discriminates between important and unimportant activities. Show Answer

Q55) Traditional control focuses on scientific methods whereas non-traditional control are bases more on non scientific methods.

Show Answer

Q56) Through analysis of _____ provide a sound basis for research and development Show Answer

Q57) ______ provides basis for collective actions to be taken to improve future performance. Show Answer

Q58) Zero base budgeting can be used more meaningfully in those areas where a direct relationship exists between the expenditure on an activity and its benefits to the enterprise. Show Answer

Q59) Under ______ method project is broken down into different activities. Show Answer

Q60) ______ Provides framework for treating a wide range of project management problems. Show Answer

Q61) _____ and _____ are collected the Siamese twins of management. Show Answer

Q62) Which one is the final link the functional chain of management activities.

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Q63) Which one presupposes the existence of goal and plans Show Answer

Q64) Amongst all of these which one is a not a characteristic of controlling Show Answer

Q65) Which one of these is not a traditional method of controlling. Show Answer

Q66) Which one of the following is not correct about control? Show Answer

Q67) Which one of the following is considered as non-traditional control technique?

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Q68) Control and …………..are important process of management . Show Answer

Q69) In the backward looking activity which is not involved Show Answer

Q70) In the forward looking activity which is not involved. Show Answer

Q71) Which function improves work performance in future . Show Answer

Q72) Function which is named as forward looking or looking back Show Answer

Q73) Planning and controlling ……….each other Show Answer

Q74) Zero base budgeting was first introduced by:

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Q75) Which network technique for management control was developed by Walker of despont to reduce time periodic maintenance?

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Q76) Critical path method relation are shown with the help of diagram known as Show Answer

Q77) PERT involves basic network technique which includes Show Answer

Q78) PERT uses …….and…….. for planning and controlling the activities Show Answer

Q79) Zero base budgeting was introduced in which year. Show Answer

Q80) Statutory audit is known as Show Answer

Q81) Which audit looks towards the past , present and future Show Answer

Q82) Which audit is largely concerned whit financial records and results of company Show Answer

Q83) The full form of ATM Show Answer

Q84) Which one is not an appraisal areas of management audit Show Answer

Q85) Exercising control over day operation of the enterprises for the purpose of executing budget is known as Show Answer

Q86) This technique help in finding out the activity of profitable Show Answer

Q87) Which analysis is a point of no profit no less Show Answer

Q88) Which one is not an essential of good control system Show Answer

Q89) A company looks at its expenses and finds that its payment to freelancers increased significantly over the past few months, exceeding the budget by 25 percent. This is an example of ________. Show Answer

Q90) Which of the following best defines “standard” in relation to establishing controls? Show Answer

Q91) In general, the greater the distance between the home office of a global company and its branch, the _______. Show Answer

Q92) According to experts, the primary hindrance to a firms productivity is its inability to ________. Show Answer

Q93) Public Investment in a company is generally in the form of: Show Answer

Q94) Which one of the following is known as technique of controlling?.- Show Answer

Q95) Controlling serves a positive purpose at this level.- Show Answer