Which statements about a budgetary control system are correct?
1 It can encourage departmental rivalry.
2 It will always improve staff motivation.
3 It will always lead to improved business performance.
4 It will define areas of responsibility of personnel.
1 )
1, 2 and 3
2 )
1, 3 and 4
1 and 4 only
4 )
2 and 3 only
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