All of the following are steps in the budgetary control process except:
A)Develop the budget from planned objectives.
B)Compare actual results to budgeted amounts and analyze differences.
C)Take corrective and strategic actions.
D)Communicate differences to supervisors to facilitate promotion decisions.
E)Establish new objectives and a new budget.

Question

Quizplus · Accepted Answer

Communicating differences to supervisors to facilitate promotion decisions is not a step in the budgetary control process. The purpose of budgetary control is to monitor and control financial performance and taking strategic actions to achieve desired results, not to facilitate promotion decisions.

All of the Following Are Steps in the Budgetary Control