A-LevelAccountingBudgeting and budgetary control9706/12 · Oct/Nov 2022 · Q301 Mark

Which statements about a budgetary control system are correct? 1 It is a long-term plan. 2 It is a short-term plan. 3 It is qualitative. 4 It is quantitative.

A1 and 3

B1 and 4

C2 and 3

D2 and 4

✓ Correct answer

D: 2 and 4

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Topic: Budgeting and budgetary control, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2022 Paper 1 Variant 2, question 30.

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