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What is one of the advantages of budgeting and budgetary control mentioned in the text?
  • a)
    It leads to bad labor relations
  • b)
    It encourages waste in spending
  • c)
    It compels management to think about the future
  • d)
    It does not provide a basis for performance appraisal
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is one of the advantages of budgeting and budgetary control menti...
One of the advantages of budgeting and budgetary control is that it compels management to think about the future. It forces them to set out detailed plans for achieving targets and gives the organization purpose and direction.
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What is one of the advantages of budgeting and budgetary control mentioned in the text?a)It leads to bad labor relationsb)It encourages waste in spendingc)It compels management to think about the futured)It does not provide a basis for performance appraisalCorrect answer is option 'C'. Can you explain this answer?
Question Description
What is one of the advantages of budgeting and budgetary control mentioned in the text?a)It leads to bad labor relationsb)It encourages waste in spendingc)It compels management to think about the futured)It does not provide a basis for performance appraisalCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is one of the advantages of budgeting and budgetary control mentioned in the text?a)It leads to bad labor relationsb)It encourages waste in spendingc)It compels management to think about the futured)It does not provide a basis for performance appraisalCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is one of the advantages of budgeting and budgetary control mentioned in the text?a)It leads to bad labor relationsb)It encourages waste in spendingc)It compels management to think about the futured)It does not provide a basis for performance appraisalCorrect answer is option 'C'. Can you explain this answer?.
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