Which of the following is not a traditional technique of managerial control?

Personal observation

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Ratio analysis

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Statistical reports

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Budgetary control

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Solution

The correct option is C Ratio analysis
Ratio refers to the comparison between the actual ratio variables of the business and the planned ratio variables so that corrective measures can be taken in case of any deviations or difference. It aims at preparing the financial, revenue, turnover policies of a particular period and planning in advance regarding the conduct of a company.

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