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.

Question : Statement 1: Monitoring is an important feature of controlling.

Statement 2: Monitoring helps in identifying 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.

Question : Statement 1: Controlling is primarily concerned with predicting future outcomes.

Statement 2: Controlling involves analyzing past performance to improve future results.

Option 1: Both correct.

Option 2: Both incorrect.

Option 3: Statement 1 correct, Statement 2 incorrect.

Option 4: Statement 2 incorrect, Statement 1 correct.

Question : Statement 1: Controlling is a one-time process in an organization.

Statement 2: Controlling requires continuous evaluation.

Option 1: Both correct.

Option 2: Both incorrect.

Option 3: Statement 1 correct, Statement 2 incorrect.

Option 4: Statement 2 incorrect, Statement 1 correct.

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.

Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.

Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.

Option 3: The assertion is true, but the reason is false.

Option 4: The assertion is false, but the reason is true.