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A-LevelAccountingBudgeting and budgetary control9706/12 · Feb/Mar 2016 · Q301 Mark

What are the main purposes of budgeting? 1 to control expenditure 2 to forecast future expenditure 3 to determine company strategy

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

✓ Correct answer

B: 1 and 2 only

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About this question

Topic
Budgeting and budgetary control, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2016 Paper 1 Variant 2, question 30.

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