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Code: 9E00304a
Time: 3 hours
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MBA III Semester Supplementary Examinations May 2018
MANAGEMENT CONTROL SYSTEM
(For students admitted in 2013 as a last chance)
Answer any FIVE questions
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All questions carry equal marks
Max. Marks: 60
- Define goal congruence and discuss various factors influencing goal congruence.
- What is a responsibility centre? Explain its objectives and the three types of responsibility centers.
- (a) Transfer pricing is confined to profit centre. Do you agree? Explain.
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(b) Discuss interrelated criteria used to evaluate the transfer pricing methods that are currently being used by profit or investment centers. - (a) Mitanshi & company manufacture three products. The following is the cost data relating to products A, B and C.
Products A Rs. B Rs. C Rs. Total Rs. Sales 1,50,000 90,000 60,000 3,00,000 Variable cost 1,20,000 63,000 36,000 2,19,000 Contribution 30,000 27,000 24,000 81,000 Fixed cost 40,500 Profit 40,500
Prove that knowledge of BEP can help management in changing the sales mix in order to increase profit of the company.--- Content provided by FirstRanker.com ---
(b) Write a brief note on angle of incidence. - Define budgetary control. Discuss in detail the essentials of a successful budgetary control system.
- What is standard costing? Discuss the elements of standard costing system and advantages of standard costing.
- (a) What is inventory control and discuss the objectives of effective inventory control?
(b) Briefly discuss what is meant by ABC analysis. What is the purpose of this inventory technique? - How management control system in service organizations is different from manufacturing organizations?
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