Controlling -Test 2

_________is a point of ‘no profit-no loss’.

Zero base budgeting is a new approach to budgeting which was first introduced by-

Zero base budgeting is a new approach to budgeting which was first introduced by Peter Pyhrr in____

Zero base budgeting is a new approach to budgeting which was first introduced by Peter Pyhrr in 1970 in the_____

_______is a technique for planning and controlling complex projects and for scheduling the resources required on such products.

_______, an important network technique for management control was developed by Walkar of Dupont to reduce time for periodic maintenance

_________ may be defined as the systematic and dispassionate examination, analysis and appraisal of management’s overall performance.

Efficient control system discriminates between important and unimportant factors.

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

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.

Planning and controlling are closely linked to each other.

The essential skills which every manager needs for doing better management are known as-

It is instantaneous, self-correcting and forward-looking_________

Non-traditional control devices are based on-

Modern control system is_________rather than work or job oriented.

Which of the following is incorrect regarding control?

A budget is frequently prepared to combine all other budgets in a summary form. It is known as-

Which of the following is not an example of traditional control devices?

Which of the following is the third step in the process of control?

Which of the following is known as a ‘no profit-no loss’ situation?

What type of control is most important for effective delegation?

Organizational control systems:

A risk management system should mean that a company will:

Zero-based budgeting:

……… 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”