Q1. In the Business Environment context, explain how the Political and legal Environment of business plays a vital role.
Justify by bringing in suitable examples.
Q2. Give Formal Control process block diagram.
Q3. Explain Management Audit.
Q4. Write a note on withholding Tax.
Q5. Discuss the nature of management control systems.
Q6. Difference between Responsibility Centers: Revenue and Expense Centers.
Q7. Application of MCS in Public Sector.
Q8. Application of MCS in Service Organizations and Proprietary organizations.