Explaining budgetary planning and flexible budget


Question1) Answer all the questions:

(i) What is the use of management control in an organization?

(ii) What do you understand by budgetary planning?

(iii) Why performance measurement is necessary?

(iv) Briefly explain goal congruency.

(v) What is the implication of Debit-Equity ratio? How it is computed?

Question2) Do you think that positive motivation leads to effective working? Explain the important factors which influence performance of employees.

Question3) Describe responsibility center with its types.

Question4) What do you undersatnd by flexible budget? Write down the methods of preparing flexible budget?

Question5) Answer all the questions:

(i) Explain line and staff organization structure.

(ii) What is the requirement of internal audit in an organization?

(iii) Write down the functions of cost centre?

(iv) Explain the relationship between morale and productivity?

(v) Write down the advantages of zero base budgeting?

Question6) Describe the impact of organizational climate on the behaviour and performance of people.

Question7) What do you understand by strategic planning? Describe the process of strategic implementation.

Question8) Describe PERT & CPM with their application, merits and demerits.

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