The deviations are more than the prescribed limit, the management should take immediate ____________.
Corrective action
Optimum use of funds
Supervision
None of these
___________ is a method of comparing actual results with that of estimates according to budgets.
Budgetary control
Internal audit
Statistical report
Break even analysis
The essence of __________ is a detailed plans of operations for some specified future period.
Budgeting
_________ is concerned with the cost volume profit relationship.
__________ objects is to ensure that work is carried out as per the plans.
Controlling
Organising
Staffing
Directing
_____________ helps the managers to take decisions on whether to continue the productive activities of a business organisation.
____________ are formal programmes of future operations and expected results.
Controlling is the process of comparing actual with ___________.
Standards
Plans
Both 1 & 2
Managerial functions ends in _____________.
Planning
The performance should be measured in ___________.
Qualitative terms
Quantitative terms
Qualitative and quantitative terms
