The process of investigating what is being done and comparing the results with the corresponding budget data to verify accomplishments or remedy differences is referred to as
A) Activity-based costing (ABC).
B) Accounting audits.
C) Budgetary control.
D) Financial audits.
E) Management audits.

Question

Quizplus · Accepted Answer

Budgetary control is the process of finding out what's being done and comparing the results with the corresponding budget data to verify accomplishments or remedy differences. Budgetary control is commonly called budgeting.

The Process of Investigating What Is Being Done and Comparing