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    Accounting Principles
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    Exam 24: Budgetary Control and Responsibility Accounting
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    A Major Element in Budgetary Control Is
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A Major Element in Budgetary Control Is

Question 107

Question 107

Multiple Choice

A major element in budgetary control is


A) the preparation of long-term plans.
B) the comparison of actual results with planned objectives.
C) the valuation of inventories.
D) approval of the budget by the stockholders.

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