Management Control Systems

27 Jun

Answer the following question.

Q1. Explain Concept of Six Sigma.

Q2. Write a short note on Operating Budget.

Q3. Define Budget. Explain the features of a budget.

Q4. Describe the various short-term and long-term incentive plans.

Q5. Give special characteristics of Management Control System.

Q6. What are the limitations of variance analysis.

Q7. Give advantages of flexible Budgeting.

Q8. Describe the criteria on which the incentives of business unit managers are decided.

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