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hi guys, just trying to find out how much detail is required in the written parts of F5. for examples if the question is asking about objectives of budgetory control systems, say for control will it be enough just to say
Control; Actual results are compared against budget and action is taken where neccessary / as appropriate.
if i put that on paper it takes up about 2 and half lines.
or do i need to give more detail.
thanksThere are two things that I would add – one is that we compare actual costs with the flexed budget costs (not the original budget), and that we will be looking to take action if the actual cost is more than the budget cost.
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