The First Step in the Controlling Function of Management Is

question 31

Multiple Choice

The first step in the controlling function of management is to

• A) take corrective actions.
• B) restrict the number of breaks employees take.
• C) evaluate expense reports.
• D) establish performance standards.
• E) measure individual and organizational performance.

---

Definitions:

Breach of Contract

Occurs when one party fails to fulfill their obligations as outlined in a contract, justifying legal action by the non-breaching party.

Damages

Compensation claimed by or ordered to be paid to a person for loss or injury.

Penalties

Sanctions or punishments imposed for breaking a law, rule, or contract, which may include fines, imprisonment, or other forms of retribution.

Accountant-client Relationship

A professional connection between an accountant and their client, based on trust and confidentiality, to manage financial records and tax matters.