General Studies · Financial Control
Match the financial control components and tools in LIST-I with their specific functional descriptions in LIST-II: LIST-I (Element/Tool) A. Performance Standards B. Variance Analysis C. Budgetary Control and Ratio Analysis D. Corrective Action LIST-II (Functional Description) I. Comparing actual performance with set benchmarks to identify gaps II. Establishing the initial criteria for evaluating financial performance III. Taking steps to maintain financial discipline when deviations occur IV. Quantitative tools used to ensure the firm achieves its financial goals Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-IV, B-III, C-II, D-I
- 2A-III, B-IV, C-I, D-II
- 3A-II, B-I, C-IV, D-III✓
- 4A-I, B-II, C-III, D-IV
Correct answer
A-II, B-I, C-IV, D-III
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