Economics and Statistics  >  EXAM  >  Week 4 - Budgetary Control Questions + Answers (All)

Week 4 - Budgetary Control Questions + Answers

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what are the different types of organisational goals? (FPCS) - ANS-- financial: high profit and low risk - profitability: ROI - cost effectiveness: non-profit organisations - strategic: sustain and ... build competitive advantage what are the advantages of centralised management systems? (CCQT) - ANS-- consistent policies and standardised procedures - customer knows what to expect - quick decision-making - tight financial contro [Show More]

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