Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What term describes: 'the forecasting of differences between actual and planned outcomes, and the implementation of action, before the event, to avoid such differences'? Direct

  1. What term describes: 'the forecasting of differences between actual and planned outcomes, and the implementation of action, before the event, to avoid such differences'?

  1. Direct control
  2. Variance analysis
  3. Budgeting

d)Feedback control

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISO 9001 2015 Audit Procedures

Authors: Ray Tricker

4th Edition

1138025895, 978-1138025899

More Books

Students also viewed these Accounting questions

Question

What is planarization, and why is it needed?

Answered: 1 week ago

Question

2. In what ways have your peers and your parents helped shape you?

Answered: 1 week ago