Question

Identify the sequence of different steps in controlling.
I. Measurement of performance.
II. Comparison of actual and standard.
III. Analysis of causes of deviation.
IV. Actual performance.
V. Corrective action plan.
Select the correct answer from the options given below-

• A. (III), (IV), (V), (I), (II)
• B. (II), (IIII), (IV), (V), (I)
• C. (I), (II), (IV), (III), (V)
• D. (IV), (I), (II), (III), (V)

Answer 1

Answer: (D)

(IV), (I), (II), (III), (V)

Controlling Process Controlling is a systematic process involving the following steps.

1. Setting performance standards

2. Measurement of actual performance

3. Comparison of actual performance with standards

4. Analysing deviations

5. Taking corrective action