Business Studies

Controlling

Medium

Only a 5% increase in labour cost may be more troublesome than a 15% increase in postal charges.' Identify the concept pointed out in the direction.

Deviation

Critical point control

Break-even analysis

Critical path method

✅ Correct Option: 2

Deviation → Variation from expected results.

We have not been told of any expected results. So this is definitely not our answer.

Critical point control → Managing key performance thresholds.

Labor cost is an important direct expense when compared to postal charges. Hence, even a small increase in labor cost is worthy of receiving the due attention.

Break-even analysis → Assessing profit vs. costs.

The statement does not talk about profit and costs; we can safely eliminate this option

Critical path method → Scheduling project tasks efficiently.

We don't have any information about the scheduling of tasks. So this is also not the correct option.

Critical point control -> emphasizes the importance of monitoring specific cost increases, like labour, that can significantly impact overall operations compared to other costs, such as postal charges.

2025: 27 May Shift 2

"Aditi also implemented a weekly review system where the team could assess their performance against the standards". Which step of management function is highlighted in these lines?

2023: 11 June Shift 3

Which of the following statement is incorrect regarding techniques of controlling ?

2025: 15 May Shift 1

It is often advised that, in a quest to control everything, it may often result in controlling nothing. Which concept of management is being referred to here?

2022: 30 Aug Shift 1

Match the items of List - I with the correct items of List - II.

List - I	List - II
(a) Personal Observation	(i) operations are planned in advance in the form of financial statement and actual results compared
(b) Budgetary Control	(ii) Technique used to study relationship between cost, volume and profits
(c) Break even Analysis	(iii) enables manager to collect first hand information
(d) Statistical Reports	(iv) information presented in the form of chart, graph, table etc.

Choose the correct answer from the options given below :

2026: 11 May Shift 1

Arrange the following steps in correct order of controlling process:

A. Taking Corrective Action

B. Analysing Deviations

C. Measurement of Actual Performance

D. Comparing Actual Performance with the Standard

Choose the correct answer from the options given below:

2026: 12 May Shift 1

The relationship between planning and controlling is best described by:

Only a 5% increase in labour cost may be more troublesome than a 15% increase in postal charges.' Identify the concept pointed out in the direction.

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)