Tag Archives | Budgetary Control

Budgetary Control

A budgetary control is one of the important tools of control. It involves a constant checking and evaluation of actual with the budgeted figures in order to take corrective action where ever necessary. The Written form of forecasts made in respect of various functional activities of a business concern is called a budget. When the budget so prepared is used [...]

By |2021-01-05T18:10:04+00:00January 5, 2021|Cost Accounting|Comments Off on Budgetary Control

Budgetary Control Meaning

Budgetary control is the process of preparation of budgets for various activities and comparing the budgeted figures for arriving at deviations if any, which are to be eliminated in future. Thus budget is a means and budgetary control is the end result. Budgetary control is a continuous process which helps in planning and coordination. It also provides a method of [...]

By |2020-08-11T18:06:14+00:00August 11, 2020|Budgetary Control|Comments Off on Budgetary Control Meaning
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