________ helps to minimise dishonest behaviour on the part of the employees by keeping a close check on their activities.

Arrange the following in proper sequence.

A. Critical Point control and management by exception

B. Performance should be measured in an objective and reliable manner

C. Standards are set in both Quantitative as well as Qualitative terms

D. Reveal the deviation between actual and desired results

E. Taking corrective action

Choose the correct answer from the options given below :

Which of the following statements are true about controlling?

A. Controlling is forward looking function

B. Controlling improves future planning

C. Controlling is a pre-requisite for planning

D. Controlling is prescriptive

E. Controlling is required only at lower level

Choose the correct answer from the options given below:

______ are referred to as inseparable twins of management.

Match List-I with List-II

Choose the correct answer from the options given below:

Maya, the owner of the firm, sets production target for each day and month, in consultation with the Production Manager and supervisors. They decided that deviation between standard production and actual production up to 5% is acceptable. Deviations beyond this, should be reported. Identify the concept mentioned above.

Identify the incorrect statement with respect to relationship between Planning and Controlling: