Accountancy, asked by sangeetamhanta, 6 months ago

steps in Budgetary control.

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Answered by SpanditaDas

0

Answer:

Step 1 – Establish Actual Position. All organisations have some form of an accounting system which records their income and expenditure. ...

Step 2 – Compare Actual with Budget. ...

Step 3 – Calculating Variances. ...

Step 4 – Establish Reasons for Variances. ...

Step 5 – Take Action.

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