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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Budget
Hi John!
I am having some issue to understand the idea of feed-forward control. Could you explain it?
Thanks.
Suppose you have prepared a budget for next month and realise you are going to make a loss.
As a result you might decide to change your plans (for example you might decide to increase the selling price) in order not to make a loss.
That is an example of feed-forward control.
