A-LevelAccountingBudgeting and budgetary control9706/12 · May/June 2022 · Q301 Mark

Why does a business prepare budgets?

Ato assess their non-financial performance

Bto control their expenditure

Cto strategically plan several years ahead

Dto value the assets and liabilities of the organisation

✓ Correct answer

B: to control their expenditure

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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, May/June 2022 Paper 1 Variant 2, question 30.

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