Question : Statement 1: Concurrent control focuses on addressing deviations after they occur.
Statement 2: Concurrent control focuses on preventing potential problems before they occur.
Option 1: Both correct.
Option 2: Both incorrect.
Option 3: Statement 1 correct, Statement 2 incorrect.
Option 4: Statement 2 incorrect, Statement 1 correct.
Correct Answer: Statement 1 correct, Statement 2 incorrect.
Solution : The correct answer is (c) Statement 1 correct, Statement 2 incorrect.
Statement 1 is correct. Concurrent control is a form of control that involves real-time monitoring and immediate corrective actions in response to deviations or issues that occur during the execution of a process.
Statement 2 is incorrect. Concurrent control is not primarily focused on preventing potential problems before they occur. It is more concerned with addressing and rectifying deviations as they happen, rather than proactively preventing them in advance.