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Question
Budgetary control system acts as a friend, philosopher and guide to the _________.
Budgetary control system acts as a friend, philosopher and guide to the _________.
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Solution
The correct option is A management
A budget is a
detailed plain of operations for some specific future period. It is an estimate
prepared in advance of the period to which it applies. It acts as a business
barometer as it is complete programmed of activities of the business for the
period covered
Besides' budgetary control' refers to a system of management and accounting
control by which all operations and output are forecast as far as ahead
as possible and the actual results, when known are compared with the budget
estimates. Thus the term budgetary control is designed to evaluate the
performance in terms of goals budgeted.
A budget is a
detailed plain of operations for some specific future period. It is an estimate
prepared in advance of the period to which it applies. It acts as a business
barometer as it is complete programmed of activities of the business for the
period covered
Besides' budgetary control' refers to a system of management and accounting
control by which all operations and output are forecast as far as ahead
as possible and the actual results, when known are compared with the budget
estimates. Thus the term budgetary control is designed to evaluate the
performance in terms of goals budgeted.
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