Examveda

The advantages of Budgetary Control System refers to:
1. The extent by which actual results have varied from defined objective
2. The centralized control with delegated responsibility
3. Budget under various functional units indicates the limits for expenses and results to be achieved
4. Budgetary system helps managers to learn from past experience
Select the correct option:

A. 1, 2 and 3

B. 1, 2, 3 and 4

C. 1, 2 and 4

D. 2, 3 and 4

Answer: Option B


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Related Questions on Governance and Public Policy in India

Civil society can be understood as:

A. The whole population of a state

B. The people within a state who behave in a politically civilised way

C. A social organization made up of retired civil servants

D. A framework within which people who lack political authority conduct their lives