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Question

Which of the following is not an example of traditional control devices?

A
Budgetary Control
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B
Standard Costing
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C
Financial Ration Analysis
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D
Zero Base Budgeting
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Solution

The correct option is D Zero Base Budgeting
Traditional techniques are those which have been used by the companies for a long time now. However, these techniques have not become obsolete and are still being used by companies. These include:
(a) Personal observation
(b) Statistical reports
(c) Breakeven analysis
(d) Budgetary control

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