The ______ relates to how the firm’s funds are invested in different assets.
(a) Investment decision (b) Dividend decision (c) None of the above (d) Financing decision Answer (a) Investment decision Explanation: Investment... View Article
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The primary aim of financial management is to ______.
(a) Wealth maximisation concept (b) Maximisation of the market value of equity shares (c) Maximise shareholder’s wealth (d) All of... View Article
Financial Management aims at _____.
(a) Keeping the risk under control (b) Achieving effective deployment of such funds (c) Reducing the cost of funds procured... View Article
Which of the following is not a tangible asset?
(a) Factories (b) Trademarks (c) Offices (d) Machinery Answer (b) Trademarks Explanation: An intangible asset is a resource that isn’t... View Article
Business finance is needed to _____.
(a) Run a business (b) Expand a business (c) Establish a business (d) All of the above Answer (d) All... View Article
Reducing the workers’ absenteeism in a factory by 20% is an example of _____.
(a) Quantitative standard (b) Qualitative standard (c) Deviation (d) None of the above Answer (a) Quantitative standard Explanation: Quantitative standards... View Article
Controlling is known as a backward-looking function because _____.
(a) It relates to the future course of action. (b) It is like a post-mortem of past activities. (c) To... View Article
The need for the controlling function is felt in ______.
(a) Business organisations (b) Political organisations (c) Social organisations (d) All of the above Answer (d) All of the above... View Article
When the deviations between the actual performance and the planned performance are within the limits, ____________.
(a) A limited corrective action is required. (b) No corrective action is required. (c) A major corrective action is required.... View Article
This concept of Control Management is based on the belief that if you try to control everything, you may end up controlling nothing.
(a) Critical point control (b) Key result areas (c) Management by exception (d) Deviations Answer (c) Management by exception Explanation:... View Article
The comparison of actual performance with the planned performance becomes easier if the standards are set in _____.
(a) Qualitative terms (b) Quantitative terms (c) Either of the above (d) None of the above Answer (b) Quantitative terms... View Article
Which of the following is a technique used for measuring actual performance?
(a) Random sampling (b) Personal observation (c) Performance reports (d) All of the above Answer (d) All of the above... View Article
Identify the correct sequence of the steps involved in the controlling process.
(a) Comparison of actual performance with standards, Setting performance standards. Measurement of actual performance, Analysing deviations, Taking corrective action (b)... View Article
Which of the following statements is true with respect to controlling function?
(a) It is a forward-looking function. (b) It is a backward-looking function. (c) Both (a) and (b). (d) None of... View Article
Deviations are said to be positive in nature when _____.
(a) Planned performance is more than the actual performance. (b) Actual performance is more than the planned performance. (c) Both... View Article
The controlling function brings the management cycle back to the______.
(a) Directingfunction (b) Organising function (c) Planning function (d) None of the above Answer (c) Planning function Explanation: Controlling means... View Article
The controlling function is performed by ______.
(a) Middle-level management (b) Top-level management (c) Lower-level management (d) All of the above Answer (d) All of the above... View Article
It is the process of ensuring that events confirm plans.
(a) Organising (b) Controlling (c) Directing (d) Planning Answer (b) Controlling Explanation: Controlling means guaranteeing that activities in an organisation... View Article
Which of the following statements does not highlight the relationship between planning and controlling?
(a) Planning and controlling are inseparable twins of management. (b) Planning without controlling is meaningless, controlling without planning is blind.... View Article
Which of the following is not important for controlling function?
(a) It ensures order and discipline. (b) It restricts coordination in action. (c) It helps in judging the accuracy of... View Article
