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1. Budgetary control and standard costing have the common objective of cost control by establishing pre-determined targets. These two techniques are similar in certain respects
1. Budgetary control and standard costing have the common objective of cost control by establishing pre-determined targets. These two techniques are similar in certain respects but differ in respect of other points. Require to: Compare and contrast budgetary control and standard costing.
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In Question , needs to give an introduction about budgetary control and standard costing and then compare and contrast both the methods. (Approximately 550 words)
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