A system by which budgets are used as a means of planning and controlling all aspects of a business is called _____________.
A
Programme
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Budget Manual
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Budgetary control
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Budget period
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C Budgetary control Budgetary control is a system of procedures used to ensure that an organization's actual revenues and expenditures adhere closely to its financial plan.