Answer the following questions.
Question 1) “ The ultimate purpose of management control is to achieve goal congruence.” Explain.
Question 2) Describe responsibility accounting. What are the necessary requirements of effective responsibility accounting.
Question 3) Briefly explain an expense centre. Distinguish between expense centre as the accounting entity and expense responsibility centre.
Question 4) Describe Management Control System in a Service Organisation.
Question 5) Write down the concept of Transfer Pricing in detail.
Question 6) Describe how profit centre motivate divisional managers.
Question 7) Write the essay on performance Evaluation.
Question 8) Describe Management Control System in a Non-Profit Organisation.