1) Which of the following qualities the standard should have? a) Achievable b) Measurable c) Flexible d) All of these 2) Which function of management is controlling.? a) First b) Second c) Third d) Last 3) Budgetary control requires the preparation of a) Training schedule b) Budgets c) Network Diagram d) Responsibility Centers 4) Planning in the absence of controlling is meaningless what does this statement indicate in respect or both? a) Only planning is essential b) Only controlling is essential c) Both are essential d) Both are unnecessary. 5) Which of the following is associated with the marketing standard? a) Sales Expenses b) Capital Expense c) Quantity d) Dispute Rate

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