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CSEET · Business Laws and Management · Management Knowledge for Company Secretaries

Match the control technique in Column A with its description in Column B. Column A: (P) Budgetary control (Q) Break-even analysis (R) Management audit (S) Ratio analysis Column B: (1) Evaluating the overall performance and effectiveness of management (2) Comparing actual results with planned figures expressed in numbers (3) Studying relationships among financial figures (4) Finding the output level at which there is neither profit nor loss

The correct match is P-2, Q-4, R-1, S-3. Budgetary control compares actual with planned figures, break-even analysis finds the no-profit-no-loss output, management audit evaluates overall managerial effectiveness, and ratio analysis studies relationships between financial figures.

  1. AP-2, Q-4, R-1, S-3Correct
  2. BP-4, Q-2, R-3, S-1
  3. CP-2, Q-1, R-4, S-3
  4. DP-3, Q-4, R-1, S-2

Explanation

Budgetary control compares actual results with budgeted figures. Break-even analysis finds the no-profit-no-loss level of output. Management audit evaluates management's overall effectiveness, and ratio analysis studies relationships among financial figures. Only the first option matches all four pairs.

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