A company configures budget controls at the beginning of the year.
Which three budget control transaction actions occur when the budget control is turned off mid-year. Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. Activities are unrecorded for budget control purposes.
B. Budget register entries that have been posted after budget control is turned off will not be considered for budget control.
C. Posted documents might incorrectly reflect any relieving amounts or balances in inquiries and reports that are related to budget control.
D. Budget checks are performed.
E. You can view the budget reporting through financial reports.
