Standard costs & Budgetary control system - Characteristics

Q.  Which of the following statements are true about Standard Costs and Budgetary Control System?
- Published on 08 Sep 15

a. Both are the important techniques of management control
b. Under both the techniques targets are decided beforehand
c. Both are based on presumption that cost is controllable
d. All of the above

ANSWER: All of the above

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