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Question
State with reasons whether the following statement is TRUE or FALSE.
Controlling is the indispensable function of management.
Options
True
False
Solution
Controlling is the indispensable function of management – True
Explanation: Controlling is an important and indispensable function of management. It aims at managing the business actions by identifying deviations in the actual performance against the set standards. It also ensures optimum utilisation of resources while taking corrective measures against the deviations.
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