Controlling

Question 1

Is the critical function of management to measure and
evaluate whether the strategies set and plans made are
carried out.

Answer 1

Controlling

Question 2

True or False:

Control is future-oriented and multi-dimensional

Answer 2

True

Question 3

The assessment of whether good performance assurance
has been achieved is difficult and subjective.

Better control is not always economically feasible; the
controls are costly and should be implemented only if the
expected benefits exceed the costs.

Answer 3

Controlling

Question 4

100% assurance that everything goes as planned; no errors or surprises

Answer 4

Perfect Control

Question 5

Reasonable assurance that no major problems occur even if minor ones do

Answer 5

Good Control