Controlling

19 solved questions from Class 12 Business Studies, each with the full working. Tap any question to see the step-by-step solution.

• 1 What is the primary topic or theoretical principle explored in 'Controlling' (Class 12 BUSINESS-STUDIES)? medium MCQ Chapter Core Principle
• 2 Which key mechanism or analytical rule is highlighted in 'Controlling'? medium MCQ Key Analytical Mechanism
• 3 What is the primary topic or principle explained in 'Controlling' (Class 12 Business Studies)? medium MCQ Chapter Core Concept
• 4 Which key observation or fact is central to understanding 'Controlling'? medium MCQ Key Fact & Mechanism
• 5 Why is the study of 'Controlling' important for students of Class 12? medium MCQ Learning Significance
• 6 What is a common application or real-world example related to 'Controlling'? medium MCQ Real World Application
• 7 What key takeaway should students retain after completing 'Controlling'? medium MCQ Chapter Summary & Takeaway
• 8 An apparel manufacturing unit has set a standard cost of 150 per shirt. In a month, it actually produced 800 shirts at a total cost of124,000. Calculate the cost variance and state whether it is favourable or unfavourable. medium 2 marks Cost variance (budgetary control)
• 9 Which control technique is most appropriate for ensuring that a retail store does not exceed its inventory holding cost budget? medium MCQ 1 mark Control techniques – budgetary control
• 10 Which of the following lists the steps of the controlling process in the correct sequence? easy MCQ 1 mark Steps in controlling process
• 11 Explain with suitable examples how concurrent control differs from feedback control. (4 marks) hard 4 marks Types of control – concurrent vs feedback
• 12 Which of the following lists the steps of the controlling process in the correct sequence? easy MCQ 1 mark Controlling process sequence
• 13 Describe how the Balanced Scorecard can be used as a control tool in a textile manufacturing company. Discuss its components and give an example of how each component helps in monitoring performance. hard 5 marks Balanced Scorecard as control
• 14 A food processing unit has set a standard cost of ₹200 per kilogram of flour. In a given month, it produced 500 kg of flour at a total actual cost of ₹110,000. Calculate the cost variance and state whether it is favourable or unfavourable. medium 2 marks Cost variance calculation
• 15 A retail chain sets a budget for inventory holding cost at ₹15,000 per month. At the end of the month, the inventory holding cost incurred is ₹18,500. Calculate the inventory variance, classify it, and suggest a corrective action to keep future costs within budget. hard 3 marks Inventory holding cost control
• 16 A bakery has set a standard cost of ₹120 per cake. During a month it produced 150 cakes and the total actual cost incurred was ₹19,200. Calculate the cost variance and state whether it is favourable or unfavourable. easy 1 mark Standard cost variance
• 17 Short answer: Explain with an example how concurrent control differs from feedback control in a retail store. medium 2 marks Concurrent vs feedback control
• 18 A consulting firm has a standard time of 4 hours per project. During a quarter it completed 20 projects and spent a total of 85 hours. Calculate the labor time variance and state whether it is favourable or unfavourable. hard 3 marks Labor time variance
• 19 Long: Describe how the Balanced Scorecard can be used as a control tool in an IT services company. Discuss each of the four perspectives, give an example KPI for each, and explain how it helps monitor performance. hard 5 marks Balanced Scorecard as control tool