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Question

A system by which budgets are used as a means of planning and controlling all aspects of a business is called _____________.

A
Programme
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B
Budget Manual
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C
Budgetary control
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D
Budget period
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Solution

The correct option is C Budgetary control
Budgetary control is a system of procedures used to ensure that an organization's actual revenues and expenditures adhere closely to its financial plan.

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