33. Budgetary control system facilitates centralized control with...
(A) Decentralized activity
(B) Centralized activity
(C) Both
(D) None
Litoblo incentive and remuneration
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Budgetary control facilitates centralized control with decentralized activity. 8. As everything is planned and provided in advance, it helps in smooth running of business enterprise.
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The budgetary control system facilitates centralized control with both decentralized activity and centralized activity. (Option C)
- Budgetary control is associated with the finance management of an organization.
- It is the supervising of the payments and receipts of the organization through planning, monitoring, and controlling the financial activities.
- The budgetary control system is not involved in the cash flow management alone, it also oversees profitability, financial, capital, and all other business-related management.
- Thus, the budgetary control system monitors and regulates the entire master budget this is done with help of both decentralized and centralized activities.
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