Comparing budgeted costs to actual costs helps managers to improve ________.
A) coordination
B) control
C) implementation
D) planning

Question

Quizplus · Accepted Answer

Comparing budgeted costs to actual costs helps managers to improve control over their department's spending and expenses. By identifying any variances between the budgeted and actual costs, managers can take corrective actions to reduce any unnecessary expenses, adjust their spending plans, and stay within their budgets. This enhances their control over the financial performance of their department and helps them to make better-informed decisions.

Comparing Budgeted Costs to Actual Costs Helps Managers to Improve