Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

Match List-I with List-II.

List-I Functional Areas

List-II Standards

(A) Production

(I) Cost

(B) Marketing

(II) Sales Volume

(C) Human Resource Management

(III) Labour Relations

(D) Finance

(IV) Liquidity

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)- (I), (B)-(III), (C)-(II), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Explanation:

The correct answer is Option (1) → (A)-(I), (B)-(II), (C)-(III), (D)-(IV).

List-I Functional Areas

List-II Standards

(A) Production

(I) Cost

(B) Marketing

(II) Sales Volume

(C) Human Resource Management

(III) Labour Relations

(D) Finance

(IV) Liquidity

 

Standards used in Functional Areas to Gauge Performance

Production Marketing Human Resource Management Finance and Accounting
Quantity Sales volume Labour relations Capital expenditure
Quality Sales expense Labour turnover Inventory
Cost Advertising expenditure Labour absenteeism Flow of capital
Individual job Individual   Liquidity
Performance Sales-person’s performance