Preparation of a monthly report comparing the actual phone bill with the expected phone costs would be classified as

Name: Preparation of a monthly report comparing the actual phone bill with the expected phone costs would be classified as
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Question

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The preparation of a monthly report comparing the actual phone bill with the expected phone costs falls under the category of control. This is done to ensure that the actual expenses are in line with the budgeted costs and to take corrective action if necessary.

Preparation of a Monthly Report Comparing the Actual Phone Bill