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December, 2009

MS-43 : Management Control Systems

1. Emphasize the importance of behavioural dimensions in Management Control Systems (MCS). For understanding the behavioural dimensions in relation to MCS which styles of management are crucial and under what conditions ? Explain.

2. What is the need for responsibility centres in an organisation ? Discuss the various types of Responsibility Centres.

3. Explain the Arm's length principle and discuss the comparable uncontrolled price (CUP) method giving a suitable example.

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.

June, 2011

Ms-43 : Management Control Systems

1.  Explain the nature and purpose of Management Control Systems and discuss the considerations involved in designing Management Control System in- an organisation.

2.  Explain the concept of 'strategy' and discuss the various models used for formulating Business Unit Strategies.

3.  What is a 'cost centre' ? Explain and distinguish between engineered cost centre and discretionary cost centres and discuss the implication that they create for management control system.

December, 2011

MS-43 : Management Control Systems

1. Briefly explain the nature and purpose of management control systems and discuss the various critical components of management control systems.

2. Explain the concept of 'Radical Performance Improvement' (RPI) and discuss the application of this frame work in the formulation of corporate strategy.

3. Explain the concept of Responsibility Accounting. Discuss the application of this concept in creating and designing various responsibility centres.

December, 2012

Ms-43 : Management Control Systems

1. What are Business Unit Strategies? Explain the application of BCG Model and General Electric (GE) planning model in the formulation of business unit strategies.

2. Explain the concept of responsibility Accounting and describe its benefits? Briefly explain various types of responsibility centres.

3. What do you understand by Transfer Pricing? Discuss the various categories of inter-company transfer transactions.

June, 2013

MS-43 : Management Control Systems

1. Define the concept of strategy. Explain the Boston Consulting Group (BCG) model, General Electric (GE) planning model and highlight their usefulness in formulating business unit level strategies.

2. Explain the following:

(a) Just In Time (JIT) and Management Control System