.A transport company is preparing its cost budgets for the coming year. It has been set both social objectives and cost targets by (the government which it must achieve in order to receive a subsidy. Part of the subsidy is paid when acceptable budgets have been submitted to the government’s transport office and the balance is payable at the end of the year provided the company has achieved its social objectives and cost targets.
The first draft of the cost budgets has been completed and submitted to the budget committee.

Required:
Explain to the board of directors how 

(i) Feed-forward control
(ii) Feedback control should be used in the transport company. (You should use examples from the company’s budgeting system in your answer.)