Final answer:
The true statement concerning the managerial function of controlling is that it includes performance evaluation by management.1) It includes performance evaluation by management.
Step-by-step explanation:
The true statement concerning the managerial function of controlling is that it includes performance evaluation by management.
Performance evaluation is an important aspect of the controlling function as it allows managers to measure and assess the performance of employees and make necessary adjustments to achieve organizational goals.
This process typically involves regular feedback, documentation of performance, and discussions between the employee and their supervisor to address concerns and reinforce good performance.