Controlling
Commerce ⇒ Business Studies
Controlling starts at 12 and continues till grade 12.
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See sample questions for grade 12
A company has set a standard labour cost of ₹50,000 for a month. The actual labour cost incurred is ₹55,000. Calculate the deviation and state whether it is favourable or unfavourable.
A company sets a target of producing 10,000 units in a month. At the end of the month, it produces 9,200 units. What is the deviation from the target?
A company uses break-even analysis to control costs. Is break-even analysis a budgetary or non-budgetary control technique?
A manager finds that the actual sales are 20% less than the target sales. What should be the next step according to the controlling process?
Define 'controlling' as a function of management.
Describe the steps involved in the controlling process.
Explain how controlling helps in achieving organisational objectives.
Explain the concept of 'critical point control'.
Explain the concept of 'Management by Exception' in controlling.
Explain the difference between 'pre-control' and 'post-control'.
Explain the importance of controlling in an organisation.
Explain the relationship between planning and controlling.
Explain the term 'Key Result Areas' (KRAs) in the context of controlling.
List any two limitations of the controlling function.
What is meant by 'deviation' in the context of controlling?
What is the purpose of taking corrective action in the controlling process?
What is the role of feedback in the controlling process?
