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Question

Budgetary control and standard costing are

A
Independent of each other
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B
Interdependent on each other
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C
Inter related with each other
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D
Repel from one another
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Solution

The correct option is C Inter related with each other
Both standard costing and budgetary control have common objective of controlling costs or expenses. Hence, these systems are considered to be interrelated to each other. But they are not inter-dependent.

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