[Business Studies MCQs, Controlling, AHSEC, CBSE, Class 12, Objective Questions and Answers]
Business Studies Class 12 MCQs
Chapter 8: Controlling
Multiple Choice Questions and Answers
Objective
Questions (1 Mark)
1. What is
meant by controlling?
Ans: Under controlling deviations are sought
to be noticed in the actual work progress and the standards already determined,
the causes of deviations are found out and corrective action is taken so that
in future the mistakes are not repeated.
2. Which
function of management ensures that actual activities confirm to planned
activities? 2012, 2018
Ans: It is controlling.
3. Name
the function which reviews the operations in a business unit.
Ans: Controlling function.
4. Why it
is said that ‘planning is meaningless without controlling’?
Ans: Because in the absence of controlling no
will take it seriously to work according to the plans and hence, the plan will
fail.
5. Why it
is said that ‘controlling is looking back’?
Ans: Because under it, a manager tries to find
out whether the work has been done according to the standards or not.
6. Give
meaning of the term’ Deviation’ as used in the control function of management.
Ans: Deviation refers to the difference
between actual performance and standard work.
7. Name
the two situations in which corrective action is not required.
Ans: (i) Zero Deviation (ii) Positive
Deviation.
8. State
any one advantage of ‘Critical-point Control’ and ‘Management by Exception.’
Ans: By taking care of important deviations
both time and efforts are saved.
9. Why it
is said that ‘planning is looking back’?
Ans: Because the planning is done on the basis
of the happening of the past.
10. What
is meant by ‘Budget’? 2019
Ans: A budget is a quantitative expression of
the plan of action. It is a statement of expected results and expected cost
expressed in numerical terms. Budget is a statement which helps us to know the
future results and to achieve these results how much we will have to spend.
There are different types of budgets for example, production budget, sales
budget, cash budget, fixed and flexible budget, overheads budget etc.
11. What
do you mean by Quantitative Standards?
Ans: They are the standards which are shown
with the help of figures, e.g., production of 10 units by a laborer in a day.
For example: efficiency level of managers, labour relations etc.
12. Which
of the following is not an essential element of an effective control system? 2009
a) Rigidity
b) Economy
c) Simplicity
d) Flexibility
Ans: Rigidity
13. Which
two standards will you suggest for production department?
Ans: Standard output, estimated cost of
production.
14. Name
the two situations in which corrective action is not required.
Ans: Corrective action
is not required in case of: (i)
Deviations within permissible limits. (ii) Positive deviations.
15. Management
audit is a technique to check on the performance of company. Do you agree? Give
reasons.
Ans: No, Management audit is a comprehensive
and constructive review of the performance of management team of any
organisation.
16. Does
budgeting control require the preparation of budget? Give reason.
Ans: Yes, the success of budgetary control
techniques depends upon the estimation of standards and for estimation of
standards it is necessary to prepare various types of budget.
17. Is
controlling “The End of Management Cycle”? Give reason.
Ans: No controlling is not the end of
management functions cycle because it brings back the management cycle to
planning function.
18. What
is critical point of control?
Ans: It means keeping focus on some key areas
and if there is any deviation in these key areas, and then it must be attended
urgently.
19. What
is feedback in controlling?
Ans: Feedback refers to list of reasons for
deviations of plans or for inefficiency in overall working of organisations
along with reasons and corrective measures.
20.
“Controlling is a pervasive function.” Explain.
Ans: The controlling is a pervasive function
of the management as it is performed in all organizations (business and
non-business) and at all managerial levels. It is that function of management
under which every manager at every level assures that the actual progress is in
conformity with the plans.
21. What
is management by exceptions? 2020,
2024
Ans: Management by exception is an important
principle of management control based on the belief that an attempt to control
everything results in controlling nothing. Thus, only significant deviations
which go beyond the permissible limit should be brought to the notice of
management.
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ALSO READ (AHSEC ASSAM BOARD CLASS 12)
1. AHSEC CLASS 12 BUSINESS STUDIES CHAPTERWISE NOTES
2. AHSEC CLASS 12 BUSINESS STUDIES QUESTION PAPERS (FROM 2012 TILL DATE)
3. AHSEC CLASS 12 BUSINESS STUDIES SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
4. AHSEC CLASS 12 BUSINESS STUDIES IMPORTANT QUESTIONS
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