__________ is a technique of managerial control in which all operations are planned in advance in the form of budgets and actual results are compared with budgetary standards.

Personal observation

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Statistical reports

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Budgetary control

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Breakeven analysis

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Solution

The correct option is C Budgetary control
Budgetary controlling refers to the comparison between the actual expenditure and the planned expenditure so that corrective measures can be taken in case of any deviations or difference. It aims at preparing the financial policy of a particular period and planning in advance regarding the expenditures of a company.

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Similar questions

Write a short note on budgetary control as a technique of managerial control.

a. A type of plan which serves as a controlling device as well. (budget)

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