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Test: Controlling- Assertion & Reason Type Questions - Commerce MCQ


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4 Questions MCQ Test - Test: Controlling- Assertion & Reason Type Questions

Test: Controlling- Assertion & Reason Type Questions for Commerce 2024 is part of Commerce preparation. The Test: Controlling- Assertion & Reason Type Questions questions and answers have been prepared according to the Commerce exam syllabus.The Test: Controlling- Assertion & Reason Type Questions MCQs are made for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Controlling- Assertion & Reason Type Questions below.
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Test: Controlling- Assertion & Reason Type Questions - Question 1

Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:

Assertion (A): Controlling creates an atmosphere of order and discipline in the organisation.

Reason (R): Controlling helps to minimise dishonest behaviour on the part of the employees by keeping a close check on their activities.

Detailed Solution for Test: Controlling- Assertion & Reason Type Questions - Question 1
Through controlling, company can track dishonest employees by using tools such as computer monitoring as a part of their control system.
Test: Controlling- Assertion & Reason Type Questions - Question 2

Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:

Assertion (A): A small enterprise cannot afford to install an expensive control system.

Reason (R): Control system loses some of its effectiveness when standards cannot be defined in quantitative terms.

Detailed Solution for Test: Controlling- Assertion & Reason Type Questions - Question 2
Control is a costly affair as it involves a lot of expenditure, time and effort. A small enterprise cannot afford to install an expensive control system. It cannot justify the expenses involved. Managers must ensure that the costs of installing and operating a control system should not exceed the benefits derived from it.
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Test: Controlling- Assertion & Reason Type Questions - Question 3

Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:

Assertion (A): Controlling ensures that resources are used in the most effective and efficient manner.

Reason (R): In controlling, each activity is performed in accordance with predetermined standards and norms.

Detailed Solution for Test: Controlling- Assertion & Reason Type Questions - Question 3
A good control system enables management to verify whether the standards set are accurate and objective. By exercising control, a manager seeks to reduce wastage and spoilage of resources.
Test: Controlling- Assertion & Reason Type Questions - Question 4

Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:

Assertion (A): The controlling function measures progress towards the organisational goals.

Reason (R): Controlling guides the organisation and keeps it on the right track so that organisational goals might be achieved.

Detailed Solution for Test: Controlling- Assertion & Reason Type Questions - Question 4
Controlling as a function of management refers to the evaluation of actual performance of work against planned or standard performance and taking the corrective action, if necessary.
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