Management Control System, Question Paper of MBA (FM) 3rd-4th Semester,Download Previous Years Question Paper 1

Roll no ....................

Total No. of Questions: 07]

Paper ID [MB627]

MBA(Sem.-3^rd & 4^th )

MANAGEMENT CONTROL SYSTEM (MB-518/627)

TIME: 03 Hours

Instruction to Candidates :

1)    Section – A is Compulsory.

2)    Attempt any Four questions form Section – B.

Section - A

Q1)

a) Define DSS

b) Define open system with the help of an example'

c) Discuss the utility of master budget.

d) Mention two objectives of transfer pricing.

e) What kinds of activities are considered for investment centre?

f) Distinguish between strategy formulation and management control.

g) Discuss two main objectives of performance measurement.

h) What do you mean by stock appreciation rights ?

i) Name some of the variances in the study of variance analyse s.

j) Mention any two behavioural aspects of beigest'

Section - B

Q2) Discuss in detail the various incentives for business unit managers. Also discuss their respective merits and demerits.

Q3) Explain the concept of Just in-time and various techniques of Just-in-time. Also discuss its implications for management control.

Q4)Discuss the different methods of transfer pricing with their respective merits and demerits.

Q5) Differentiate between budget and budgeting. Flow classification of budgets is to be done.

Q6) Explain in detail about responsibility accounting. Discuss with the help of suitable examples how different responsibility centres are created in a service organization.

Q7) "A performance measurement systems is simply a mechanism for improving the likelihood of the organization successfully implementing a strategy" Justify the statement"