A report including the amount of revenue received and expenditures for the Budgetary Control system is required every?

The correct choice is based on the typical practices of budgetary control systems, which require regular monitoring to ensure that financial resources are being managed effectively. A report that includes the amount of revenue received and expenditures is essential for keeping stakeholders informed about the budget’s status.

In most organizations, financial monitoring is performed monthly to allow for timely adjustments if there are discrepancies or if expenditures exceed the planned budget. Monthly reports provide management with the ability to analyze trends, make informed decisions, and address potential financial issues immediately. The frequency of a monthly report ensures that the organization can remain agile and responsive to changing circumstances, allowing for proactive management of resources.

In contrast, longer periods, such as four, six, or twelve months, do not provide sufficient granularity for effective budgetary control, as financial issues may go unnoticed for too long, potentially leading to significant challenges or overspending. Thus, the choice highlighting the monthly requirement aligns with best practices in financial management.