Question : Statement 1: Corrective action is taken before deviations occur in the controlling process.
Statement 2: Corrective action aims to prevent future occurrences of deviations.
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 2 incorrect, Statement 1 correct.
Solution : The correct answer is (d) Statement 2 incorrect, Statement 1 correct.
Statement 1 is incorrect. Corrective action in the controlling process is taken after deviations or problems have occurred. It aims to address the existing deviations and ensure that they do not recur in the future.
This statement is correct. One of the objectives of corrective action is to identify the root causes of deviations and take steps to prevent similar deviations from happening in the future.
Question : Statement 1: Concurrent control focuses on addressing deviations after they occur.
Statement 2: Concurrent control focuses on preventing potential problems before they occur.
Question : Assertion: In the controlling process, corrective action is taken only after deviations occur.
Reason: Corrective action aims to address deviations and prevent future occurrences.
Question : Statement 1: Controlling is primarily concerned with predicting future outcomes.
Statement 2: Controlling involves analyzing past performance to improve future results.
Question : Statement 1: Monitoring is an important feature of controlling.
Statement 2: Monitoring helps in identifying deviations.
Question : Statement 1: Controlling is a one-time process in an organization.
Statement 2: Controlling requires continuous evaluation.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile