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Management Control Systems Overview

This document outlines 8 questions for a management control systems exam at Xavier's Institute of Business Management. The questions cover a range of topics about management control systems including new management techniques, management information systems, transfer pricing methods, performance measurement systems, agency theory framework, controls in insurance companies, controls in projects vs manufacturing, and the role of controls in knowledge organizations.

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Jay Krishna
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70 views1 page

Management Control Systems Overview

This document outlines 8 questions for a management control systems exam at Xavier's Institute of Business Management. The questions cover a range of topics about management control systems including new management techniques, management information systems, transfer pricing methods, performance measurement systems, agency theory framework, controls in insurance companies, controls in projects vs manufacturing, and the role of controls in knowledge organizations.

Uploaded by

Jay Krishna
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Xaviers Institute of Business Management

Studies

MANAGEMENT CONTROL SYSTEMS

Note: Attempt any five questions. All questions carry equal marks.

1. Explain in detail how the new management techniques for management


control are being used to assure that resources are obtained and used
effectively and efficiently in the accomplishment of organizational goals.

2. What do you understand by Management Information System? Explain


its significance in designing Management Control System in an
organization.

3. What is meant by Transfer Pricing? Explain the various methods used


to determine the transfer pricing.

4. Critically examine the basic features of a typical Performance


Measurement System.

5. Explain the Agency Theory Framework and discuss how the


Management Control System can reduce the agency cost.

6. Explain the unique features of Management Control Systems in


Insurance Companies.

7. How does the Control Environment of projects differ from that of the
manufacturing organizations? Explain.

8. What are knowledge organizations? Analyze the role of Management


Control System in knowledge organizations

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