Do you know the answers to these questions on Management Controls?

1. Webster includes in the definition of management "judicious use of means to accomplish an end"; planning is described as "the establishment of goals, policies, and procedures for a social or economic unit"; and control is defined as "the exercise of restraining or directing influence through checks and tests and verification by counter or parallel evidence." In our modern economy these definitions might be paraphrased to describe management planning and control as a concept of doing business.
(a) State the premises on which these management functions might be based.
(b) The concept of management planning and control varies among companies. Why?

2. (a) What should be considered the fundamental task in planning and controlling the activities of a company?
(b) A sound organization is often the product of a positive and dynamic program of planning and control. Name some fundamental steps needed to achieve a sound organization.
3. (a) What is meant by "responsibility accounting"?
(b) Is "responsibility accounting" identical with the concept of "accountability"?
4. Explain the relationship between assignment of responsibility and control.
5. What does reassignment of responsibility mean?
6. In what manner does the controller exercise control over the activities of other members of management?
7. Why must the controller be aware of the latest developments in the field of communications?
8. Enumerate some social responsibilities of which management should be aware.
9. A company should create a good relationship with its personnel. State some possible ways of achieving this goal.
10. The budget has been cited as the most essential tool in cost planning. Why?
11. When an organization or business outgrows direct supervision and management by its owner, authority must be delegated to subordinate managers, and some form of accountability on their part must be provided. Discuss.
12. The principle of management by exception is followed by a company in which a major item showed the following percentage relationship to the budgeted figures for six consecutive months: 92%, 95%, 96%, 99%, 103%, 108%. Does the item need attention?