Control can be defined as
A)the process of setting standards, receiving feedback on actual performance, and taking corrective action whenever actual performance deviates significantly from plan.
B)a quantification of plans, stated in either physical or financial terms, or both.
C)identification of corporate objectives.
D)a comprehensive financial plan.

Question

Quizplus · Accepted Answer

Control is the process of setting standards, monitoring actual performance, and taking corrective action when performance deviates significantly from plans. The other options do not fully capture the essence of control.

Control Can Be Defined as