Control provides a basis for __________ actions.
Present
Past
Future
None of these
_________ is concerned with the cost volume profit relationship.
Break even analysis
Budgetary control
Internal audit
Statistical report
___________ helps in decision making process.
Organising
Staffing
Directing
Controlling
__________ means checking to ensure that what is planned is translated into performance.
___________ is the point at which income from sales covers the exact expenses.
Break even point
__________ is an old method of control exercised by business enterprise.
Critical path method
___________ studies deviation from the plans and undertakes remedial measures.
Planning
Controlling is a ____________.
Regulatory function
Better selection
Right placement
The deviations are more than the prescribed limit, the management should take immediate ____________.
Corrective action
Optimum use of funds
Supervision
_____________ helps the managers to take decisions on whether to continue the productive activities of a business organisation.
