Mcqs - Chapter 8 - Controlling - Business Studies

1. The controlling function is performed by

(a) Top level management

(b) Lower level management

(c) Middle level management

(d) All of the above

 

2. Deviations are said to be positive in nature when

(a) Planned performance is more than the actual performance

(b) Actual performance is more than the planned performance

(c) Both planned and actual performances are same

(d) None of the above

 

3. The comparison of actual performance with the planned performance becomes easier if the standards are set in

(a) Qualitative terms

(b) Quantitative terms

(c) Either of the above

(d) None of the above

 

4. The need for the controlling function is felt in

(a) Business organisations

(b) Political organisations

(c) Social organisations

(d) All of the above

 

5. Reducing the workers, absenteeism in a factory by 20% is an example of

(a) Quantitative standard

(b) Qualitative standard

(c) Deviation

(d) None of the above

 

6. In a marketing firm, the Financial Manager pays more attention towards an increase of 3% in the marketing cost as compared to a 15% increase in the courier expenses. Identify the concept being used by the manager.

(a) Management by exception

(b) Critical point control

(c) Corrective action

(d) None of the above

 

7. Controlling function finds out how far __________ deviates from standards.

(a) Actual performance

(b) Improvement

(c) Corrective actions

(d) Cost

 

8. “Planning is theoretical whereas controlling is practical”

(a) True

(b) False

(c) Cannot say

 

9. Write the full form of PERT :-

(a) Performance evaluation report technique

(b) Personnel enquiry retrieving technique

(c) Programme evaluation and review technique

 

10. Assembling of facilities and personnel for collecting, processing, information that is required by managers is called

(a) PERT

(b) CPM

(c) Ratio analysis

(d) Management information Technique

 

11. Which of the following is not a limitation of controlling?

(a) Little control on external factors

(b) Costly affair

(c) Ensuring order & discipline

(d) Difficulty in setting quantitative standards

 

12. Technological up-gradation is the best corrective action in case of _________

(a) Defective machinery

(b) Defective material

(c) Obsolete Machinery

(d) None of the above

13. Management control is done by the __________________

(a) Managers at Top Level

(b) Managers at Middle Level

(c) Managers at Lower Level

(d) All of the above

 

14. Which of the following is not a technique of controlling?

(a) Break-even analysis

(b) Budget

(c) Managerial Audit

(d) Cash Flow Statement

 

15. Controlling is __________ aspect of management.

(a) Physical

(b) Practical

(c) Mental

(d) Theoretical

16. What is the last step in the controlling process?

(a) Setting Performance Standards

(b) Taking corrective action

(c) Comparing actual performance with standards

(d) Measurement of actual performance

 

17. The main focus of controlling is on ________________

(a) Competition

(b) External Forces

(c) Results

(d) Business Environment

 

18. When actual performance is better than the standard performance it is called _____

(a) Negative Deviation

(b) Poor Deviation

(c) Positive Deviation

(d) None of the above

 

19. Controlling is necessary for ____________

(a) Medium Level Enterprise

(b) Small Scale Enterprise

(c) Large Scale Enterprise

(d) All of the above

 

20. There is one popular saying that Planning is looking _________ while controlling is looking

________

(a) Back, Ahead

(b) Ahead, Back

(c) Future, Present

(d) None of the above