Question

Which of the following is not a modern technique of managerial control?

• A. Return on Inveatment
• B. Ratio analysis
• C. Statistical reports
• D. Responsibility accounting

Answer 1

Answer: (C)

Statistical reports

Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference.

Statistical Analysis is a traditional method of control system where averages, percentage, ratios, correlation etc. are used to for taking managerial decisions by all the managers.