The primary difference between planning and control decisions is that:
A) the former must follow the latter.
B) planning decisions involve investing decisions, whereas control decisions focus on financing and operating decisions.
C) planning is future-oriented, while control decisions are past and present-oriented.
D) planning decisions involve components of the transformation process, whereas control decisions do not.

Question

Quizplus · Accepted Answer

Planning decisions are made to set goals and objectives for the future, whereas control decisions are measures taken to ensure that the set objectives are met in the present or have been achieved in the past. In other words, planning is forward-looking, while control is retrospective or present-oriented.

The Primary Difference Between Planning and Control Decisions Is That