GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Advantages of Budgetary control include
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Reduces Cost
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Corrective Action
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Maximization of Profit
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All of the above
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Explanation:
Detailed explanation-1: -Promotes coordination and communication. Clearly defines areas of responsibility. Requires managers of budget centres to be made responsible for the achievement of budget targets for the operations under their personal control.
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