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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. - Commerce

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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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2021-2022 (March) Official Board Paper
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