Advertisements
Advertisements
प्रश्न
How can the management of an organisation use the budgetary control system for planning and control?
संक्षेप में उत्तर
Advertisements
उत्तर
- Budgetary control involves forecasting and planning activities ahead of time and comparing actual results to those projected.
- The Budgetary Control System helps organisations plan and control costs. The technique offers a structured approach to planning.
- A business strategy outlines specific actions to be taken over time. A budgetary control system establishes a plan for achieving a firm's objectives, coordinates actions across departments, and ensures optimal results for each function.
shaalaa.com
Budgeting
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
What is a Budget?
Choose the Odd-One-Out:
A wise guide to have an overall view of family income and expenses:
- Insurance Policy
- Budgeting
- Bank Account
- Saving
A budget is a statement that can be expressed:
A ______ is a quantitative plan prepared in advance for a future time period.
Budgets are an important tool of ______.
A budget relates to a ______ period.
Explain the term ‘budget’.
The process of preparing budgets is known as ______.
Budgeting is the first step in ______.
Choose the Odd-One-Out:
Budgeting is
- Art and science of planning income
- Careful outline of spending money
- The first step in money management
- A type of investment
