How are budgets useful in helping to control costs? Question 2 options: They foc

Question

How are budgets useful in helping to control costs?

Question 2 options:

They focus on controllable costs, and they eliminate the need to focus on variances

They determine which variances are controllable and which are not, and they focus on the uncontrollable variances to control costs

They determine which variances are controllable and which are not, and they focus on the controllable variances to control costs

They focus on uncontrollable costs, and they eliminate the need to focus on variances

They focus on controllable costs, and they eliminate the need to focus on variances

They determine which variances are controllable and which are not, and they focus on the uncontrollable variances to control costs

They determine which variances are controllable and which are not, and they focus on the controllable variances to control costs

They focus on uncontrollable costs, and they eliminate the need to focus on variances

Explanation / Answer

Budgets are useful in helping to control costs as they determine which variances are controllable and which are not, and then they focus on the controllable variances to control those costs.

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