Firstranker's choice
Code: 14E00304
--- Content provided by FirstRanker.com ---
MBA III Semester Regular & Supplementary Examinations November/December 2017
MANAGEMENT CONTROL SYSTEM
(For students admitted in 2014, 2015 & 2016 only)
Time: 3 hours
--- Content provided by FirstRanker.com ---
Max. Marks: 60
PART - A
(Answer the following: (05 X 10 = 50 Marks)
1. Define management control system. Explain its goals.
OR
--- Content provided by FirstRanker.com ---
2. What is goal congruence? How is it achieved? Explain.
3. What is meant by responsibility centre? Explain different responsibility centers.
OR
4. What is Break Even Point? Explain its uses.
5. Define budget. Explain different types of budget.
--- Content provided by FirstRanker.com ---
OR
6. What is budgeting control? Explain different steps involved in preparing budgeting control system.
7. Define standard costing. What are its uses? Explain.
8. Explain different cost variances in detail.
9. What is inventory cost? Explain different inventory costs.
--- Content provided by FirstRanker.com ---
OR
10. What is EOQ? Explain its relevance.
PART - B
(Compulsory question, 01 X 10 = 10 Marks)
11. Case Study:
--- Content provided by FirstRanker.com ---
The following figures are available for the records of Venus Enterprises as at 31st March.
| 1998 | 1999 | |
|---|---|---|
| Rs. Lakhs | Rs. Lakhs | |
| Sales | 150 | 200 |
| Profit | 30 | 50 |
Calculate:
(a) The P/V ratio and total fixed expenses.
(b) The break-even level of sales.
(c) Sales required to earn a profit of Rs. 90 lakhs.
--- Content provided by FirstRanker.com ---
(d) Profit or loss that would arise if the sales were Rs. 280 lakhs.
--- Content provided by FirstRanker.com ---
This download link is referred from the post: JNTU Anantapur MBA 3rd Sem last 10 year question papers 2010 -2020 -All regulation- 2nd Year 1st Sem