Budgets help in Planning and control Control and evaluation Evaluation and plann
ID: 2563214 • Letter: B
Question
Budgets help in
Planning and control
Control and evaluation
Evaluation and planning
Planning, control and evaluation
Which set of terms refer to the same variance
rate, price, use
rate, price, efficiency
quantity, rate, efficiency
quantity, use, efficiency
Which one of the following methods is considered as discounted cash flow method?
Net Present Value
Accounting rate of return
Book rate of return
Payback
a.Planning and control
b.Control and evaluation
c.Evaluation and planning
d.Planning, control and evaluation
Explanation / Answer
Budget helps in Planning, Control and evaluation
Quantity, use and efficiency refer to the same variance
Net present value is one of the discounted cash flow method
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