Which of the following statements regarding the primary responsibilities of mana

Question

Which of the following statements regarding the primary responsibilities of managers is true? Planning means overseeing the company's day-to-day operations. Budgeting is the processof evaluating the results of businessoperations against a plan and then making adjustments to that plan Directing means setting goals and objectives for the company and determining how to achieve them. Evaluating operations by comparing actual results to the budget is part of the controlling responsibility cf management Planning, regulating, and controlling are a manager's three primary responsibilities.

Explanation / Answer

Evaluating operations by comparing actual results to budgeted results is part of the controlling responsibility of management.

The above statement is true regarding primary responsibilities of managers.

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