Accounting Multiple Choice Question – 26 March 2022

Which statements describe the advantages to a business of using a budgetary control system?

1. Budget holders are accountable for controllable costs.
2. Costs are controlled by comparing their actual and budgeted levels.
3. The budget holders’ performance is measured on the quality of their output.

Select ONE answer:

1. 1 and 2
2. 1 only
3. 2 and 3
4. 2 only

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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