It is not necessary in the control phase of budgeting to:
A) decide on management action.
B) compare actual performance with budget estimates.
C) provide timely information to management.
D) investigate all variances.

Question

Quizplus · Accepted Answer

While it is important to investigate significant variances, it is not necessary to investigate all variances in the control phase of budgeting. The focus should be on identifying the causes of significant variances and taking actions to address them.

It Is Not Necessary in the Control Phase of Budgeting