CBSE Questions for Class 12 Commerce Business Studies Controlling Quiz 12 - MCQExams.com

Individuals who believe what happens to them is controlled by outside forces such as luck or chance is called ___________.
  • Locus of control
  • Internal locus of control
  • External locus of control
  • Apprehension
______ is a function of management, therefore, it means the measurement and correction of the performance of activities of subordinates in order to make sure that enterprise objectives and plans devised to attain them are accomplished.
  • Co-operation
  • Co-ordination
  • Controlling
  • Motivation
Control _________________________________________.
  • is closely related to the planning job of the manager.
  • should not be viewed merely as a postmortem of past achievements and performance.
  • should suggest corrective measures so that negative deviations may not re-occur in future.
  • All of the above
Which of the following consists in knowing the extent to which actions are in conformity with plans adopted and instructions issued so that errors and deviations are promptly reported and analyzed, and suitable corrective actions taken?
  • Forecasting
  • Planning
  • Controlling
  • Decision
Controlling exists at every management level.
  • False
  • True
  • Partly false
  • None of the above
Which of the following is/are traditional control device(s) of control system?
  • Zero base budgeting
  • Network analysis
  • Internal audit
  • All of above
Which of the following is essential of good control system?
  • It should be simple to understand
  • It should be difficult to follow
  • Not necessary to suggest corrective action
  • All of above
Importance of control ______.
  • Ensures efficient use of scarce and valuable resources
  • Facilitates co-ordination
  • Fosters organizational efficiency and effectiveness
  • All of above
Importance of control: ________
  • Helps in decentralizing authority
  • Increases managerial ability
  • Strives to rationally structure human behaviour
  • All of above
Effective control requires :
  • Flexibility
  • Regidity
  • High cost
  • All of the above
Arrange the process of control in proper form
(1) Follow through
(2) Establishment of goals and standards
(3) Corrective action
(4) Measurement of actual performance
Select the correct answer from the option given below -
  • (4), (@), (3), (1)
  • (2), (3), (4), (1)
  • (4), (1), (3), (2)
  • (2). (4), (3), (1)
What type of control is most important for effective delegation?
  • Feed forward
  • Spontaneous
  • Feedback
  • None of these
Which of the following is/are non-traditional control device(s) of control system?
  • Break-even analysis
  • Network analysis
  • Financial ratio analysis
  • All of above
Non-traditional control devices are based on _____________.
  • Non-scientific methods
  • Scientific methods
  • Conventional methods
  • All of the above
Match the following:
List IList II
(P) Break-Even Analysis(1) Modern control devices
(Q) Internal Audit(2) Directed towards the dynamic management of projects
(R) Management audit(3) Traditional control device
(S) PERT system(4) Widely used tool of managerial control
Select the correct answer from the options given below:
  • P- 4; Q- 3; R- 1; S- 2
  • P- 3; Q- 4; R- 2; S- 1
  • P- 3; Q- 4; R- 1; S- 2
  • P- 4; Q- 3; R- 2; S- 1
Modern control system is _______ rather than work or job oriented.
  • Worker-focused
  • Job-focused
  • Incentive focused
  • None of the above
Which of the following is not an example of traditional control devices?
  • Budgetary Control
  • Standard Costing
  • Financial Ration Analysis
  • Zero Base Budgeting
Which of the following is not a symptom of employee resistance to change?
  • Increase in employee absenteeism
  • Non-participative and indifferent behaviour
  • Increase in performance and productivity
  • Unprofessional conduct
_____________ refers to superior-subordinate relations throughout the organization.
  • Equity
  • Scalar Chain
  • Espirit de corp
  • Order
Employees may resist change for which of the following reason(s)?
  • self interest
  • habit and personal inertia
  • fear
  • all of the above
Which of the following is not a way of overcoming resistance to change?
  • Involving those who resist in the change process
  • Communication and discussion
  • Bullying and harassing people
  • Using symbols to signify a new era
When would an auditor typically not perform additional tests of a computer systems controls?
  • When the assessed level of control risk is at a minimum.
  • When computer controls appear to be strong and risk is at a minimum.
  • When controls appear to be weak .
  • When inherent risk is st a maximum.
When employee resistance provokes a well-grounded debate and constructive criticism leading to improvements in the change process, it is called -
  • positive resistance
  • negative resistance
  • passive resistance
  • none of the above
Since the computer can do many jobs simultaneously, segregation is not a defined as it is in a manual system.  How can a computer system be modified to compensate for the lack of segregation of duties? 
  • The computer system should be under the direction of the internal audit department.
  • The computer system should be accessible to various competent parties so they can check on each others' work.
  • Strong controls should be built into both the computer software and hardware to limit access and manipulation.
  • Many companies run complete parallel manual an automated accounting systems for a cross check on input and output.
Which one of the following statements is correct?
  • Planning and controlling are essentially one and same
  • Controlling is a part of the planning process
  • Controlling is a substitute for planning
  • A control process is meaningless without pre-set goals
Which of the following would not be an appropriate procedure for testing the general control activities of an information system?
  • Inquiries of a client personnel
  • Inspecting computer logs
  • Testing for the serial sequence of source documenyts
  • Examination of the organizational chart to determine the segregation of duties.
Which of the following is not a function of generalized audit software?
  • To aid in the random selection of transactions for substantive testing
  • To run in parallel with the client's application software and compare the output
  • To test the mathematical accuracy by footing and cross- foot items in the accounting system
  • To keep an independent log of access to the computer application software
If an auditor is using test data in a client's computer system to test the integrity of the system's output, which of the following type of controls is the auditor testing?
  • General controls
  • User controls
  • Quantitative test controls
  • Application controls
Which of the following information processing systems gives the output in the form of summary and exception reports that are useful to the managers?
  • Decision support system
  • Management information system
  • Transaction processing system
  • Executive support system
Identify the sequence of different steps in controlling.
I. Measurement of performance.
II. Comparison of actual and standard.
III. Analysis of causes of deviation.
IV. Actual performance.
V. Corrective action plan.
Select the correct answer from the options given below-
  • (III), (IV), (V), (I), (II)
  • (II), (IIII), (IV), (V), (I)
  • (I), (II), (IV), (III), (V)
  • (IV), (I), (II), (III), (V)
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