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Which of the following steps in the process of controlling are concerned with compelling events to confirm a plan?
- a)Comparing actual performance with standards
- b)Taking corrective action
- c)Both A and B
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following steps in the process of controlling are concern...
Comparing actual performance with standards and taking corrective action are both steps in the process of controlling.
Community Answer
Which of the following steps in the process of controlling are concern...
The correct answer is option C: Both A and B.
The process of controlling involves a series of steps that aim to ensure that the organization's goals are being achieved effectively and efficiently. One of the key steps in this process is to compare actual performance with established standards or plans. This helps in evaluating whether the organization is on track or if there are any deviations from the desired outcomes.
In order to confirm a plan, it is necessary to compare the actual performance with the planned standards. This step helps in assessing whether the plan is working as intended or if any adjustments need to be made. By comparing actual performance with standards, the organization can identify any gaps or variances and take appropriate action to address them.
The second step in the process of controlling is taking corrective action. This step is concerned with identifying and implementing measures to bring the actual performance back on track with the planned standards. It involves analyzing the reasons for the deviations and making necessary adjustments to ensure that the plan is followed effectively.
Therefore, both comparing actual performance with standards and taking corrective action are concerned with compelling events to confirm a plan. These steps help in ensuring that the organization's plans are being followed and any deviations are addressed promptly.
In conclusion, the correct answer is option C: Both A and B. Comparing actual performance with standards and taking corrective action are important steps in the process of controlling, and they are both concerned with compelling events to confirm a plan.
The process of controlling involves a series of steps that aim to ensure that the organization's goals are being achieved effectively and efficiently. One of the key steps in this process is to compare actual performance with established standards or plans. This helps in evaluating whether the organization is on track or if there are any deviations from the desired outcomes.
In order to confirm a plan, it is necessary to compare the actual performance with the planned standards. This step helps in assessing whether the plan is working as intended or if any adjustments need to be made. By comparing actual performance with standards, the organization can identify any gaps or variances and take appropriate action to address them.
The second step in the process of controlling is taking corrective action. This step is concerned with identifying and implementing measures to bring the actual performance back on track with the planned standards. It involves analyzing the reasons for the deviations and making necessary adjustments to ensure that the plan is followed effectively.
Therefore, both comparing actual performance with standards and taking corrective action are concerned with compelling events to confirm a plan. These steps help in ensuring that the organization's plans are being followed and any deviations are addressed promptly.
In conclusion, the correct answer is option C: Both A and B. Comparing actual performance with standards and taking corrective action are important steps in the process of controlling, and they are both concerned with compelling events to confirm a plan.
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Which of the following steps in the process of controlling are concerned with compelling events to confirm a plan?a)Comparing actual performance with standardsb)Taking corrective actionc)Both A and Bd)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Which of the following steps in the process of controlling are concerned with compelling events to confirm a plan?a)Comparing actual performance with standardsb)Taking corrective actionc)Both A and Bd)None of theseCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following steps in the process of controlling are concerned with compelling events to confirm a plan?a)Comparing actual performance with standardsb)Taking corrective actionc)Both A and Bd)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following steps in the process of controlling are concerned with compelling events to confirm a plan?a)Comparing actual performance with standardsb)Taking corrective actionc)Both A and Bd)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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