Download JNTUA MBA 2017 Nov 3rd Sem 14E00304 Management Control System Question Paper

Download JNTU Anantapur (Jawaharlal Nehru Technological University Anantapuramu) MBA 2017 November Third Semester (3rd Semester/1-2) Regular & Supplementary Examinations 14E00304 Management Control System Question Paper.

Code: 14E00304

MBA III Semester Regular & Supplementary Examinations November/December 2017
MANAGEMENT CONTROL SYSTEM
(For students admitted in 2014, 2015 & 2016 only)

Time: 3 hours Max. Marks: 60

PART ? A
(Answer the following: (05 X 10 = 50 Marks)

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1 Define management control system. Explain its goals.
OR
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.
OR
6 What is budgeting control? Explain different steps involved in preparing budgeting control system.

7 Define standard costing. What are its uses? Explain.
OR
8 Explain different cost variances in detail.

9 What is inventory cost? Explain different inventory costs.
OR
10 What is EOQ? Explain its relevance.

PART ? B
(Compulsory question, 01 X 10 = 10 Marks)
11 Case Study:
The following figures are available for the records of Venus Enterprises as at 31
st
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.
(d) Profit or loss that would arise if the sales were Rs. 280 lakhs.

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