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A budgetary control system is in operation within a business and variances are calculated every month for management accounting and control purposes. a) Give five
| A budgetary control system is in operation within a business and variances are calculated every month for management accounting and | |||||||||||||||
| control purposes. | |||||||||||||||
| a) | Give five examples of variances that could be calculated by this system | ||||||||||||||
| ii) | For each example, explain one possible reason for a favourable variance |
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
