Question

How should a budgetary control system be perceived?

a.

As something rigid and unbending

b.

As a static and unchanging system

c.

As a dynamic and continuous review and revision system

d.

As a system without variance analysis

Answer: (c).As a dynamic and continuous review and revision system Explanation:A budgetary control system should be perceived as dynamic and continuous, involving regular review and revision based on careful variance analysis.

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Q. How should a budgetary control system be perceived?

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