The _________ performance in terms of working capital can be measured as all cash, credit and inventory figures are recorded.
Finance department
Credit department
Production department
None of these
The last step in controlling process is
Taking corrective action
Comparing performance
Measuring performance
Forecasting
__________ is a continuous process.
Organising
Staffing
Controlling
____________ is an important principle of organisational control.
Control by exception
Statistical report
Budgetary control
Internal audit
_____________ is a method of comparing actual results with that of estimates according to budgets.
Break even analysis
Sometimes actual performance is much higher than the standard this would mean that selling of standard was
Good
Average
Lenient
Poor
__________ provides a basis for future actions.
Directing
Budgetary control is generally _____________term in nature and is carried out all the year around.
Short
Long
Medium
Controlling is important because it helps in
Copy with organising
Maintaining and improving quality
Minimising errors
All of these
_____________ helps the managers to take decisions on whether to continue the productive activities of a business organisation.
