Match List I with List II.

Choose the correct answer from the options given below :

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

The correct answer is option (4)- A-III, B-I, C-IV, D-II.

A. Systematic appraisal of the overall performance of the management- III. Management Audit.
Management audit refers to systematic appraisal of the overall performance of the management of an organisation. The purpose is to review the efficiency and effectiveness of management and to improve its performance in future periods. It is helpful in identifying the deficiencies in the performance of management functions. Thus, management audit may be defined as evaluation of the functioning, performance and effectiveness of management of an organisation.

B. These techniques are useful for planning scheduling and implementing time bound projects- I. PERT/CPM.
PERT (Programme Evaluation and Review Technique) and CPM (Critical Path Method) are important network techniques useful in planning and controlling. These techniques are especially useful for planning, scheduling and implementing time bound projects involving performance of a variety of complex, diverse and interrelated activities. These techniques deals with time scheduling and resource allocation for these activities and aims at effective execution of projects within given time schedule and structure of costs.

C. Computer based information system that provides information and support for effective managerial decision making- IV. Management Information system.
Management Information System Management Information System (MIS) is a computer-based information system which facilitates collection, management and dissemination of information at different levels of management and across different departments of the organisation. MIS provides the required information to the managers by systematically processing a massive data generated in an organisation. Thus, MIS is an important communication tool for managers. MIS also serves as an important control technique. It provides data and information to the managers at the right time so that appropriate corrective action may be taken in.

D. Sales volume at which there is no profit no loss- II. Breakeven analysis.
Breakeven analysis is a fundamental tool in managerial accounting that helps businesses determine the point at which total revenue equals total costs, resulting in no profit or loss. It allows managers to understand the relationship between fixed costs, variable costs, and the sales price per unit, thus helping them make informed decisions about pricing, production, and sales strategies.