Match the LIST-I with LIST-II, LIST-I (Statement regarding importance of Controlling), LIST-II (Importance of Controlling), A. The controlling function measures progress towards the organisational goals and brings to light the deviations., I. Judging accuracy of standards, B. A manager seeks to reduce wastage and spoilage of resources through controlling them., II. Making efficient use of resources, C. A good control system enables management to verify whether the standards set are accurate and objective., III. Accomplishing organisational goals, D. Controlling helps to minimise dishonest behaviour on the part of employees., IV. Ensuring order and discipline, Choose the correct answer from the options given below:

Question

Match the LIST-I with LIST-II | LIST-I (Statement regarding importance of Controlling) | LIST-II (Importance of Controlling) | |---|---| | A. The controlling function measures progress towards the organisational goals and brings to light the deviations. | I. Judging accuracy of standards | | B. A manager seeks to reduce wastage and spoilage of resources through controlling them. | II. Making efficient use of resources | | C. A good control system enables management to verify whether the standards set are accurate and objective. | III. Accomplishing organisational goals | | D. Controlling helps to minimise dishonest behaviour on the part of employees. | IV. Ensuring order and discipline | Choose the correct answer from the options given below:

Accepted Answer

A-III, B-II, C-I, D-IV

Answer

A-II, B-III, C-I, D-IV

Answer

A-I, B-III, C-II, D-IV

Answer

A-III, B-IV, C-I, D-II

LIST I (Controlling Process)	LIST II (Related Concept)
A. Analysing deviations	I. It demands managerial attention
B. Taking corrective action	II. It becomes easy when quantitative terms are used
C. Comparison of standard with actuals	III. To determine acceptable range of deviations
D. Setting performance standards	IV. Serves as benchmarks towards which an organization strives to work

LIST-I (Statement regarding importance of Controlling)	LIST-II (Importance of Controlling)
A. The controlling function measures progress towards the organisational goals and brings to light the deviations.	I. Judging accuracy of standards
B. A manager seeks to reduce wastage and spoilage of resources through controlling them.	II. Making efficient use of resources
C. A good control system enables management to verify whether the standards set are accurate and objective.	III. Accomplishing organisational goals
D. Controlling helps to minimise dishonest behaviour on the part of employees.	IV. Ensuring order and discipline

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)