Three phases of the management process are planning, directing, and controlling. Match the following descriptions to the proper phase:Phase of management process           DescriptionPlanning                                            a. Developing long-range courses of                                                                  action to achieve goals.Directing                                            b. Isolating significant departures                                                                     from plans for further investigation                                                           and possible remedial action. It may                                                                lead to a revision of future plans.Controlling                                        c. Process by which managers, given                                                                   their assigned levels of                                                                                      responsibilities, run day-to-day                                                                       operations.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Three phases of the management process are planning, directing, and controlling. Match the following descriptions to the proper phase:
Phase of management process           Description
Planning                                            a. Developing long-range courses of                                                                  action to achieve goals.
Directing                                            b. Isolating significant departures                                                                     from plans for further investigation
                                                           and possible remedial action. It may                                                                lead to a revision of future plans.
Controlling                                        c. Process by which managers, given                                                                   their assigned levels of                                                                                      responsibilities, run day-to-day                                                                       operations.

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