General Studies · Budgetary Control
Budgetary control involves managing income and expenditure by continuously comparing actual results with planned figures. Which of the following is not a characteristic of an effective budgetary control system?
- 1It provides continuous feedback by comparing actual performance against budgets
- 2It helps in establishing clear goals and targets
- 3It supports and facilitates coordination across various departments
- 4It is not helpful for management by exception✓
Correct answer
It is not helpful for management by exception
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