Question

Explain the functions of budgetary control

Answer 1

Answer:

Budgetary control is a system of controlling costs which includes the preparation of budgets, co-ordination the departments and establishing responsibilities, comparing actual performance with the budgeted; and acting upon results to achieve maximum profitability.

Answer 2

Answer:

Budgetary control is a system of controlling costs which includes the preparation of budgets, co-ordination the departments and establishing responsibilities, comparing actual performance with the budgeted; and acting upon results to achieve maximum profitability.