Punjab Technical University 2007-5th Sem M.B.A III/I MANAGEMENT CONTROL SYSTEMS - Question Paper

MANAGEMENT CONTROL SYSTEMS
M.B.A.
MB-518(0)
IIIrd/IVth Semester(2096)
Time: 3 Hours Maximum Marks: 75

Note : 1. Question paper consists of 2 sections, A and B.
2. Section A is compulsory and contains 15 parts. ans every part from part A in 40-60 words. every part from part A is of two marks.
3. Attempt any 9 ques. from part B is of five marks.

Section – A
1. (a) Define Management Comtrol.
(b) What is meant by transfer pricing?
(c) What is the difference ranging from efficiency and effectiveness?
(d) What is meant by behavioural aspects of budget?
(e) What is meant by balanced scorecard?
(f) Enlist the limitations of financial control systems.
(g) Differentiate ranging from incremental budgeting and zero based budgeting.
(h) What is an expense centre?
(i) Define goal congruence.
(j) What is hedging?
(k) What are the different methods of performance appraisal?
(l) How do you measure profitability?
(m) Define JIT.
(n) Outline the importance of DSS.
(o) Define EVA.


Section B
2. What are the objectives of transfer pricing? elaborate the various methods of transfer pricing?
3. What is the use of a budget? Outline the content of operating budget.
4. What are the different factors that influence goal congruence? explain
5. What are the limitations of variance analysis? discuss
6. What are the difficulties encountered in implementing performance measurement system?
7. What are the different tools for management control? discuss
8. Differentiate ranging from management control in manufacturing and service organization.
9. Discuss TQM as 1 of the tool for management control?
10. What is a responsibility center? explain the kinds of responsibility cetres?
11. What are the advantages and difficulties with profit center?
12. Explain the budget preparation process in an organization.
13. What is the scope and importance of management control?

Earning:   Approval pending.