Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

Match the items of List – I with the correct items of List – II.

 

List – I

 

List – II

(a)

Personal  observation

(i)

operations are planned in advance in the form of financial statement and actual results compared

(b)

Budgetary Control

(ii)

technique used to study relationship between cost, volume and profits

(c)

Break even Analysis

(iii)

enables manager to collect first hand information

(d)

Statistical Reports

(iv)

information presented in the form of chart, graph, table etc.

Choose the correct answer from the options given below :

Options:

(a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)

(a) - (iii), (b) - (i), (c) - (iv), (d) - (ii)

(a) - (ii), (b) - (iii), (c) - (i), (d) - (iv)

(a) - (iii), (b) - (ii), (c) - (i), (d) - (iv)

Correct Answer:

(a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)

Explanation:

Personal  observation: enables manager to collect first hand information.

Budgetary Control: operations are planned in advance in the form of financial statement and actual results compared

Break even Analysis: technique used to study relationship between cost, volume and profits.

Statistical Reports: information presented in the form of chart, graph, table etc.

Technique used to study relationship between cost, volume and profits

Technique used to study relationship between cost, volume and profits