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.

Question

Quizplus · Accepted Answer

Budgetary control involves comparing actual results to budgeted results and making necessary adjustments to stay on track. It does not necessarily mean that the budget cannot be changed or that the controller is solely in charge of cost and profit controls.

Budgetary Control Means