English

State whether the following statement is true or false. The first step in the process of controlling, as a function of management, is the comparison of actual performance with standard performance.

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Question

State whether the following statement is true or false.

The first step in the process of controlling, as a function of management, is the comparison of actual performance with standard performance.

True or False
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Solution

This statement is false.

Explanation:

The controlling process begins with setting standards or criteria, and the third step involves comparing actual performance with the established standards.

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Chapter 12: Controlling - EXERCISES [Page 365]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
EXERCISES | Q IV. 4. | Page 365
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