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Paper ID (B0226)

This document is an exam paper for a Management Control Systems course. It contains 13 multiple choice and short answer questions testing students' knowledge of key concepts. Section A contains 15 multiple choice definitions covering topics like responsibility centers, budgets, inventory systems, and decision support systems. Section B has 9 short answer questions requiring students to explain concepts such as management control systems, responsibility center identification, transfer pricing, budgeting limitations, and total quality management. The paper is worth a total of 75 marks and students are instructed to answer all Section A questions and any 9 from Section B.

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Jyoti Chowdhury
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13 views

Paper ID (B0226)

This document is an exam paper for a Management Control Systems course. It contains 13 multiple choice and short answer questions testing students' knowledge of key concepts. Section A contains 15 multiple choice definitions covering topics like responsibility centers, budgets, inventory systems, and decision support systems. Section B has 9 short answer questions requiring students to explain concepts such as management control systems, responsibility center identification, transfer pricing, budgeting limitations, and total quality management. The paper is worth a total of 75 marks and students are instructed to answer all Section A questions and any 9 from Section B.

Uploaded by

Jyoti Chowdhury
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Roll No...........................

Total No. of Questions : 13] [Total No. of Pages : 02

Paper ID [B0226]
(Please fill this Paper ID in OMR Sheet)

MBA (518) (S05) (Sem. - 3rd/4th)


MANAGEMENT CONTROL SYSTEMS

Time : 03 Hours Maximum Marks : 75


Instruction to Candidates:
1) Section - A is Compulsory.
2) Attempt any Nine questions from Section - B.

Section - A
Q1) (15 x 2 = 30)
a) What is a responsibility center?
b) What is a cost center?
c) What are the micro-environment factors?
d) What is a fixed budget?
e) What is zero base budgeting?
f) What is labour budget?
g) What is marketing expenses budget?
h) What is transfer pricing?
i) What is the cost variance?
j) What are annual reports?
k) What is JIT system of inventory?
l) What is LIFO?
m) What is merit rating?
n) What is the re-ordering level?
o) What is DSS?

D-542 P.T.O.
Section - B
(9 x 5 = 45)
Q2) What is the management control system? Give its nature?

Q3) What are the goals of MCS?

Q4) How the responsibility centers are identified?

Q5) What is a profit center? How is it established?

Q6) What is transfer pricing? Why is it used in an organization?

Q7) What is a budget? What is the need to prepare a budget?

Q8) What is a standard? How is it different from budget?

Q9) What are the various limitation of budgeting? How these can be removed?

Q10)What is reporting to management? In which ways the reports are prepared?

Q11)What is Total Quality Management? How can TQM be ensured in an


organization?

Q12)What is a service organization? Which control system shall you suggest for
such an organization?

Q13)What is control? Give its process?

ïïï

D-542 -2-

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