June, 2010
MS-43 : Management Control Systems
1. Discuss the different forms of organizational structures and how are organization structures and control systems linked together ?
2. What do you mean by transfer pricing ? Discuss the methods and criteria of transfer pricing. What are the different types of inter-company transactions ?
3. What are the important steps involved in a budgetary control system ? Discuss the important considerations involved in capital budgeting.
4. What are the general characteristics of the financial service sector ? Discuss about the risks faced by banks in general and the regulatory framework to contain and minimise these risks.
5. Why are behavioural dimensions important in Management Control Systems ? Which styles of management and under what conditions are they critical in understanding such dimensions in relation to Management Control System ?
6. Explain the meaning, components and major features of Enterprise Resource Planning (ERP). What benefits might accrue to any business enterprise by implementing an ERP package ?
7. Describe the special characteristics of Non-Profit Organisations ? In what way does the management control system for Non-Profit Organisations differ from that of Profit-Organisations ?
8. Write short notes on any four of the following :
(a) Responsibility Accounting
(b) Cybernetic Paradigm
(c) Zero-base budgeting
(d) Product pricing
(e) Benefits of performance linked reward
(f) Characteristics of profit centre
