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Controlling Test - 14

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Controlling Test - 14
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  • Question 1
    1 / -0
    Control presupposes the existence of _________.
    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. Controlling is a managerial function that follows every goal and plans of the organisation as it is the controlling function which make sure that every other managerial function is achieved efficiently. 
  • Question 2
    1 / -0
    Controlling is ___ looking.
    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. Controlling is a managerial function that follows every other function as it is the controlling function that make sure that every other managerial function is achieved efficiently. Therefore, controlling is forward looking as it ensures efficiency in future course of actions through past experiences of the organisation. 
  • Question 3
    1 / -0
    A manager can control the past.
    Solution
    False.
    A manager can never control the past as 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, through controlling the manager controls the future through past experience and information.  
  • Question 4
    1 / -0
    ____ 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.
    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. Controlling is a managerial function that follows every other function as it is the controlling function that make sure that every other managerial function is achieved efficiently.
  • Question 5
    1 / -0
    Effective control requires _________.
    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. If an organisation requires the control function to be effective then they should initiate flexibility in the actions of the subordinates.
  • Question 6
    1 / -0
    Control system is _______.
    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 differences. Controlling is a managerial function that follows every other function as it is the controlling function that makes sure that every other managerial function is achieved efficiently. Therefore, controlling functions must be work-focused and efficient.

    Hence, option (C) is the correct answer.

  • Question 7
    1 / -0
    Which of the following  is essential of good control system?
    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 differences. The process of controlling is as follow:-
    (1) Establishment of goals and standards
    (2) Measurement of actual performance
    (3) Corrective action
    (4) Follow through
    For a good control system, a follow-up or feedback is very necessary which provides efficiency and less chance of mistakes in the next controlling process. 
    Hence, option (B) is the correct answer.
  • Question 8
    1 / -0
    Which of the following  is essential of good control system?
    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 differences. The process of controlling is as follow:-
    (1) Establishment of goals and standards
    (2) Measurement of actual performance
    (3) Corrective action
    (4) Follow through
    For a good control system, prompt reporting of deviations is very necessary as immediate corrective measures should be taken to all the deviations depicted in controlling. 
    Hence, option (B) is the correct answer.
  • Question 9
    1 / -0
    Which of the following  is essential of good control system?
    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 differences. The process of controlling is as follow:-
    (1) Establishment of goals and standards
    (2) Measurement of actual performance
    (3) Corrective action
    (4) Follow through
    A good control system should be very simple and understandable so that an internal audit of such systems can be done efficiently.
    Hence, option (A) is the correct answer.
  • Question 10
    1 / -0
    Which of the following  is / are traditional control device(s) of control system?
    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 differences. Controlling is a managerial function that follows every other function as it is the controlling function that makes sure that every other managerial function is achieved efficiently. 

    Internal audit is a part of the traditional controlling system where internal audit by the management of the company is undertaken to control the deviations if any for the achievement of organizational goals. 

    Hence, option (C) is the correct answer.

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