Controlling Test

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Controlling Test - 12

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Weekly Quiz Competition

Question 1
1 / -0

In which situation control function is most required?

A
Decentralisation

B
Centralisation

C
Planning

D
Organising

Solution

In Centralization, the Top level management exercises the maximum power over most of the decisions of the business. Therefore, controlling is most required in such a situation to keep the power with the top level management constant.
Question 2
1 / -0

Management audit has a _________.

A
Down orientation

B
Past orientation

C
Future orientation

D
Top orientation

Solution

Management audit is a technique in which professionals are called by the company to keep a check on the performance of the management of the company and prepare a performance appraisal report for the same. It is future-oriented as it aims at developing the future course of action of a company.
Hence, option (C) is the correct answer.
Question 3
1 / -0

A major part of the controlling function of management is to _________.

A
Correct performance problems

B
Structure an Organisation

C
Formulate strategies

D
Set standards

Solution

Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. It is a process of monitoring performance of the employees and taking action to ensure desired results. Therefore, it adjust future action through past performance.
Question 4
1 / -0

Which one of the following control techniques provides basis for collective actions to be taken to improve future performance?

A
Internal audit

B
Standard costing

C
Break-even analysis

D
Statistical control.

Solution

Break even Analysis is point of 'No Profit No loss'. Company tries to sell their product up to the break even point because it is the point where total cost equals to total sale value and company will not get any loss. Any sales below this point means that total cost is more than total sale value and company will suffer losses.
Question 5
1 / -0

Zero based budgeting was first introduced in __________.

A
India

B
China

C
Japan

D
USA

Solution

Zero Base Budgeting was first evolved in the USA in 1970 by Peter Phyrr which is an approach to make the budget from scratch that is zero bases. It is a method of budgeting where all the expenses of a business are justified and approved for each new period of the company.
Hence, option (D) is the correct answer.
Question 6
1 / -0

Controlling involves which of the following?

A
Grouping tasks into departments.

B
Determining appropriate tasks and resources.

C
Defining goals.

D
Monitoring employees activities.

Solution

Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. It is a process of monitoring performance of the employees and taking action to ensure desired results. Therefore, it adjust future action through past performance.
Question 7
1 / -0

What is control?

A
Is closely related to the planning job of the manager.

B
Should not be viewed merely as a postmortem off past achievements and performance.

C
Should suggest corrective measures so that negative deviations may not re-occur in future.

D
All of the above.

Solution

Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference.
Question 8
1 / -0

Stae whether the sentence is true or false.
Directing and motivating are part of the controlling function.

A
False

B
True

C
Partially false

D
Irrelevant

Solution

False.
Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. Therefore, directing and controlling are a part of directing function of management as these are concerned with guiding the employee's performance.
Question 9
1 / -0

Accounting is the function of business that includes ___________.

A
Record keeping

B
Issuance of notices

C
Recording minutes

D
(A) and(C)

Solution

Accounting is a method for preparing proper accounts of the company and auditing it thereafter. It is concerned with maintaining records of business conduct so that comparisons can be made between the actual performance and the planned ones.
Hence, option (A) is the correct answer.
Question 10
1 / -0

Administration is done by _________.

A
Top level management

B
Middle level management

C
Lower level management

D
None of the above

Solution

Administration is the process of lay down broad and general policies related to the conduct of the business and the long term objectives of an organisation. It is basically carried down by the top level management only as they have the decision making authority of the organisation.

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Re-Attempt Weekly Quiz Competition

Controlling Test - 12

Result

Controlling Test - 12

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SHARING IS CARING

Question 1

Decentralisation

Centralisation

Planning

Organising

Solution

Question 2

Down orientation

Past orientation

Future orientation

Top orientation

Solution

Question 3

Correct performance problems

Structure an Organisation

Formulate strategies

Set standards

Solution

Question 4

Internal audit

Standard costing

Break-even analysis

Statistical control.

Solution

Question 5

India

China

Japan

USA

Solution

Question 6

Grouping tasks into departments.

Determining appropriate tasks and resources.

Defining goals.

Monitoring employees activities.

Solution

Question 7

Is closely related to the planning job of the manager.

Should not be viewed merely as a postmortem off past achievements and performance.

Should suggest corrective measures so that negative deviations may not re-occur in future.

All of the above.

Solution

Question 8

False

True

Partially false

Irrelevant

Solution

Question 9

Record keeping

Issuance of notices

Recording minutes

(A) and(C)

Solution

Question 10

Top level management

Middle level management

Lower level management

None of the above

Solution

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