Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

Which of the following statements is not relevant to an efficient system of business planning?

  • AIt identifies levels of achievable costs and revenues.
  • BIt identifies budgets when a business is only making a loss.
  • CIt identifies targets regularly to monitor future performance.
  • DIt informs management if standards are not met.

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