What does cost control in administrative tasks involve?

Cost control in administrative tasks involves keeping expenditures within budget limits through careful planning and monitoring. This process is essential for ensuring that an organization operates within its financial means while still achieving its operational goals. By effectively managing costs, an organization can maintain profitability, allocate resources efficiently, and make informed financial decisions.

Through careful planning, administrators assess the financial resources available, set realistic budget limits, and establish spending guidelines. Monitoring involves regularly reviewing financial performance against these established budgets to identify variances and make any necessary adjustments. This proactive approach not only helps to prevent overspending but also aids in forecasting future financial trends and making strategic adjustments as needed.

In contrast, some of the other options are aspects of a business's operation but do not pertain directly to cost control. For instance, creating new business accounts is more related to business development, increasing the budget for marketing efforts signifies expanding financial commitments rather than controlling costs, and tracking employee attendance focuses on human resources management rather than financial oversight.