The preparation of a budget is what kind of control?

Name: The preparation of a budget is what kind of control?
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Quizplus · Accepted Answer

The preparation of a budget is a preliminary control because it is done before actual operations take place in order to establish targets and guidelines for spending. Concurrent control happens during actual operations to ensure that plans and objectives are being met. Damage and rework controls relate to the quality of the final product or service and how to minimize defects or errors.

The Preparation of a Budget Is What Kind of Control