Management Control System, Question Paper of MBA (FM) 3rd-4th Semester,Download Previous Years Question Paper 5

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Total No. of Questions: 07]

MBA(Sem.-4^th )

MANAGEMENT CONTROL SYSTEMS

Subject Code: MB-926(2008-10 Batch)

Paper ID [C0179]

TIME: 03 Hours

Instruction to Candidates :

1)    Section – A is Compulsory.

2)    Attempt any Four questions form Section – B.

Section - A

1)    Write short notes on:

a.     Critical success factors

b.     Principal budget factor

c.      Negotiated transfer pricing

d.     DuPont profitability analysis

e.      Goal congruence

f.       Material mix variance

g.     Flexible budgeting

h.     Feedback control

i.       Financial vs. Non-financial performance measures

j.       Cost centre vs. expense centre

Section -B

2)    Management control begins with planning. Do you agree? Give your views.

3)    What do you understand by strategies? How will you formulate the strategy of  LCD TV manufacturer?

4)    What is zero budgeting? Explain the basic steps involved in zero base budgeting.

5)    Define the term ‘responsibility centre’. Explain the mechanics of setting up investment Centre Control.

6)    What objectives should transfer process attempt to meet? How will you administer the transfer prices for evaluating divisional performance?

7)    What are the characteristics of a service organization? Discuss the management control system in an insurance company.