"A good control system enables management to verify whether the standards set are accurate and objective". Identify the importance of controlling highlighted in the aforesaid statement.

Judging accuracy of standards

The correct answer is Option (3) → Judging accuracy of standards

• The statement highlights that a good control system helps management verify whether the standards set are accurate and objective.

• This directly reflects the importance of judging accuracy of standards, since controlling reveals whether set benchmarks are realistic, attainable, and fair.

• Accomplishing organizational goals → Ensures activities are aligned with objectives.

• Efficient use of resources → Avoids wastage and ensures optimal use.

• Ensuring order and discipline → Maintains harmony and accountability.