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Match List-I with List-II

List-I (Controlling concepts)List-II (Explanation)
(A) Critical Point Control(I) Significant deviations should only be brought to the notice of management
(B) Controlling(II) Comparing Actual Performance with Standards.
(C) Management by Exception(III) Focus on key result areas (KRAs)
(D) Deviation(IV) Is a backward looking function as well as a forward looking function.

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 2

Critical point control means focusing on key result areas, so (A)-(III). Controlling is both a backward looking and forward looking function, so (B)-(IV). Management by exception means only significant deviations are reported to management, so (C)-(I). Deviation is found by comparing actual performance with standards, so (D)-(II). Hence (A)-(III), (B)-(IV), (C)-(I), (D)-(II).

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