A-LevelAccountingBudgeting and budgetary control9706/12 · Oct/Nov 2021 · Q301 Mark
Which are advantages of a budgetary control system? 1 Budgets help to prepare year-end financial statements. 2 Budgets may be set at easily achievable levels to make the business appear more efficient. 3 Managers become responsible for implementing their department's budget. 4 Where budget targets are not met, corrective action is taken.
A1, 2 and 3
B1, 3 and 4
C2 and 4
D3 and 4 only
✓ Correct answer
D: 3 and 4 only
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