Question : According to this principle of management control, managers should give attention to significant deviations, which go beyond the permissible limit.
 

Option 1: Critical point control
 

Option 2: Critical performance control
 

Option 3: Management by exception
 

Option 4: Management by interpretation.
 

Question : If actual labour costs within an acceptable range of deviation, then it can be ignored. However, If it deviates by 15% then it needs immediate attention of management.
Above statement is a part of __________________________.
 

Option 1: Critical point control
 

Option 2: Management by exception
 

Option 3: Control by exception
 

Option 4: Both B and C
 

Question : The responsibility for performance is one of the difficulties in a decentralised organisation. Better control systems are being developed by corporate enterprises in response to this challenge. Find such a control system (s).

Option 1: Balance score card

Option 2: Critical Point Control

Option 3: Management by Exception

Option 4: None of the above

Question : "Keeping an eye on each and every operation in an organisation is neither cheap nor simple. Which managerial control idea or technique was highlighted above?

Option 1: Management by Exception

Option 2: Critical Point Control

Option 3: Both (1) and (2)

Option 4: Budgetary control

Question : ________ is a crucial management control theory based on the idea that trying to control everything only leads to controlling nothing.

Option 1: Management by Exception

Option 2: Critical Point Control

Option 3: Both (1) and (2)

Option 4: Budgetary control