Question

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3. Explain the term 'Budgetary Control'. What are the advantages of
budgetary control? What are its limitations?
4. Explain the term 'Budgetary Control'. What are the general
objectives of budgetary control? What are the requirements for an
effective budgetary control?
15. Explain the term 'Budgetary Control'. Write the various steps to
be taken to ensure successful implementation of budgetary control
for classification of budget
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Answer 1

3.Budgetary control is financial jargon for managing income and expenditure. In practice it means regularly comparing actual income or expenditure to planned income or expenditure to identify whether or not corrective action is required.