An important part of controlling is staying within the budget when appropriate or changing it when necessary to meet changes in the dynamic environment.

Question

Quizplus · Accepted Answer

Staying within the budget is an important aspect of controlling as it helps in managing costs and avoiding overspending. However, sometimes, changes in the external or internal environment may require adjustments to the budget to ensure the activities or projects can be completed successfully. Therefore, it is important to monitor budget performance and make changes as necessary to achieve the desired outcomes.

An Important Part of Controlling Is Staying Within the Budget