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Question

Which one of these is not a traditional method of controlling?

A
Budgetary control
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B
Standard costing
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C
Merit - Rating
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D
Break-even analysis
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Solution

The correct option is D Merit - Rating
The following are various methods of control:
Traditional control techniques
  • Budgetary control
  • Standard costing
  • Financial ratio analysis
  • Internal audit
  • Statistical control
  • Break-Even point analysis

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