Which of the following statement is incorrect regarding techniques of controlling? (
This question was previously asked in
Shift 11/06/2023 3:30 PM - 6:30 PM
A
Personal observation method enables the manager to create psychological pressure on the employees to perform well.
B
The statistical reports method allows one to form charts, graphs, tables, etc.
C
Break-even analysis is a technique used by managers to study relationships between costs, volume and profits.
D
Budgetory control is a technique in which all operations are not planned.
Correct Answer
Budgetory control is a technique in which all operations are not planned.
Detailed Explanation
(4) Budgetary control is a technique in which all operations are not planned.
Budgetary control is a technique that involves planning and controlling an organization's operations through budgets. In budgetary control, all operations are indeed planned and budgeted, allowing for the comparison of actual performance against the budgeted figures to identify variances and take corrective actions. So, statement (4) is incorrect.
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