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Posted Date: 18 May 2016      Posted By:: Kishori Mohon Dutta    Member Level: Gold  Points: 3 (Rs. 3)

2015 General PG Diploma Nalanda Open University Annual Exam-2015 Post Graduate Diploma in Financial Management (FGDFM) Paper-III (Management Control System) Question paper



Course: PG Diploma   University/board: Nalanda Open University

Are you hunting for the Nalanda Open University Annual Exam-2015 Post Graduate Diploma in Financial Management (FGDFM) Paper-III (Management Control System)? The same is here! Please feel free to download the question paper from here and use it for the preparation for your upcoming exams.



Nalanda Open University
Annual Exam-2015
Post Graduate Diploma in Financial Management (FGDFM)
Paper-III (Management Control System)
Time: 3.00 Hrs. Full Marks: 80
Answer any Five Questions. All questions carry equal marks.


1. Describe the nature, scope and objectives of management control system.

2. Explain the role of moral values in management control system.

3. What is flexible budgeting? What are its limitations? Explain.

4. What is budgeting? Draw distinction between programme budgeting and performance
budgeting.

5. What do you mean by profit sharing system? Throw light on its objectives and
mechanism.

6. Explain the importance of project evaluation and throw light on the role of the staff of
finance department in evaluation of project.

7. Discuss different aspects of corporate level strategy.

8. Explain the basis on which evaluation of performance of profit centres is made.

9. Describe the features of a successful investment policy.

10. Throw light on the characteristics of life insurance company with reference to Life
Insurance Corporation of India.





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