Which of the following BEST explains the function of a managerial control?

A managerial control is a function of management that involves setting performance standards, measuring performance, and taking corrective actions when necessary. A managerial control helps to regulate the organizational activities and ensure that they are aligned with the organizational goals and objectives1. One of the functions of a managerial control is to help design and implement the security planning, program development, and maintenance of the security life cycle. The security life cycle is a process that defines the phases of security activities from initiation to disposal2. A managerial control can help to establish the security policies, procedures, roles, and responsibilities for each phase of the security life cycle. A managerial control can also help to monitor and evaluate the security performance and effectiveness of each phase and take corrective actions if needed.