Question

"Budgetary control means worrying before work rather than after. It keynotes are planning, coordination and control".Examine this statement.​

Answer 1

Answer:

A budget is a financial plan for a business, prepared in advance. ... l Budgetary planning is the process of setting the budget for the next period. l Budgetary control uses the budgets to monitor actual results with budgeted figures. l Responsibility for budgets is given to managers and supervisors – the budget holders.

Explanation:

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