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A-LevelAccountingBudgeting and budgetary control9706/12 · Oct/Nov 2019 · Q301 Mark

Why do businesses prepare budgets? 1 to communicate plans 2 to improve coordination 3 to plan annual operations 4 to plan long-term strategies

A1, 2 and 3
B1, 2 and 4
C1, 3 and 4
D2, 3 and 4

✓ Correct answer

A: 1, 2 and 3

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Topic
Budgeting and budgetary control, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2019 Paper 1 Variant 2, question 30.

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