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Budget compilation

Actual values

Comparison of actual data

Deviation analysis

Extrapolation

Revised forecast

by: Joash Sumayao

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12y ago
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7mo ago

The four steps in the planning and control cycle are: 1. Setting objectives and goals, 2. Formulating plans to achieve those objectives, 3. Implementing the plans through action and processes, and 4. Monitoring and measuring progress toward the goals to make adjustments as needed.

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Q: What are the four steps in the planning and control cycle?
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