BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094

Solutions

Chapter
Section
BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

Management process

Three phases of the management process are controlling, planning, and decision making. Match the following descriptions to the proper phase:

Phase of management process Description
Controlling a. Monitoring the operating results of implemented plans and comparing the actual results with expected results.
Planning b. Inherent in planning, directing, controlling, and improving.
Decision making c Long-range courses of action.

To determine

Management process:

The management process refers to the sequence of inter- connected activity. There are five phases in the process of management. They are as follows:

images

To match: The descriptions to the proper phase.

Explanation

Match the descriptions to the proper phase are as follows:

Phases of management process Description No
Controlling (a)
Planning (c)
Decision making (b)

Table (1)

For description (a):

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Additional Business Solutions

Find more solutions based on key concepts

Show solutions add

What four financial statements are contained in most annual reports?

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

CROSS RATES Use the foreign exchange section of a current issue of The Wall Street journal to look up the three...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

What is the purpose of canceling the voucher and supporting documents when a payment is made?

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)