Which of these is not part of the control phase of budgeting?
A) Comparing actual performance with budget estimates.
B) Identifying any significant variances.
C) Deciding what action should be taken.
D) Setting goals.

Question

Quizplus · Accepted Answer

Setting goals is part of the planning phase of budgeting, not the control phase. The control phase focuses on comparing actual performance with budget estimates, identifying variances, and deciding what action should be taken.

Which of These Is Not Part of the Control Phase