Which one of the following is not an advantage of budgetary control —

CS Executive · Cost and Management Accounting · PYQS · June 2016
Which one of the following is not an advantage of budgetary control —
(A) Maximisation of profit through effective planning
(B) Planned approach for expenditure
(C) Create necessary conditions for setting-up of standard costs
(D) Based on quantitative data and represent only an impersonal appraisal to the conduct of business activity.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Budgeting

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