A-LevelAccountingBudgeting and budgetary control9706/12 · Oct/Nov 2020 · Q301 Mark

Which are benefits of a budgetary control system? 1 It can be used to control expenditure. 2 It can be used to record accounting transactions. 3 It can help when applying for a loan. 4 It can identify where improvements are required.

A1, 2, 3 and 4

B1 and 2 only

C1, 3 and 4 only

D3 and 4 only

✓ Correct answer

C: 1, 3 and 4 only

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Topic: Budgeting and budgetary control, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 30.

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