Question : It measures and compare actual performance with standard fixed in the past. Which relationship does it represents?
Option 1: Planning is viewed as a forward-looking approach
Option 2: Planning is also a backward looking function
Option 3: Controlling is considered a backward looking function
Option 4: Controlling is a forward-looking function.
Correct Answer:
Controlling is considered a backward looking function
Solution :
Controlling is considered a backward looking function as it measures and compare actual performance with standard fixed in the past.
Hence Option C is correct.