Multiple Choice
Budgetary control means
A) that once a budget is agreed to by management there can be no deviation from it.
B) that once a budget is agreed to the controller of the company is now in charge of cost and profit controls.
C) that the difference between actual results and budgeted results are reported and assessed over time.
D) that the budget can be changed during the year to reflect actual results.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: SuitCity purchased an operating asset expected to
Q24: Which one of the following is a
Q25: Which one of the following statements is
Q26: TrueMasons' budgeted costs for 25,000 linear
Q27: On what is a manager of a
Q29: Residual income and ROI are used as
Q30: Yellow Card Company compared its actual sales
Q31: What budgeted amounts appear on the flexible
Q32: What is controllable margin?<br>A)contribution margin less controllable
Q33: What assumption about the behaviour of total