Replace a formula result with custom text

hi guys, i have a large database full of names in two columns, lets say A and B which i had to type in a remark. For instance, if the name in cell A1 matches or is the same in cell, I put in a remark in C1 as "correct" instead of TRUE and "wrong" instead of FALSE. I know of the TRUE/FALSE formula but how do i automatically replace those results with my own texts which are correct/wrong.
please help here. thanks

Yeah, that was quite helpful, Richard,
but if it does not match i want to see this:
A1(equals sign)B1 "correct"
and
if A1(not equal to)B1 should give me "wrong"

Yeah, that was quite helpful, Richard,
but if it does not match i want to see this:
A1(equals sign)B1 "correct"
and
if A1(not equal to)B1 should give me "wrong"

Oh, i realised i miskeyed the the formula. Its working perfectly now thanks so much to u guys.