1) Explain in detail the different incentives for business unit managers. Also explain their respective merits and demerits.
2) Describe the concept of Just in-time and different techniques of Just-in-time. Also explain its implications for management control.
3) Describe the various methods of transfer pricing with their respective merits and demerits.
4) Write down the difference between budget and budgeting. How classification of budgets is to be done.
5) Describe in detail about responsibility accounting. Explain with the help of appropriate examples how different responsibility centers are created in the service organization.
6) "A performance measurement systems is simply a mechanism for improving likelihood of organization successfully implementing a strategy". Give reason for the statement.