CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

Budgetary control system acts as a friend, philosopher and guide to the _________.


A
management
loader
B
share holders
loader
C
creditors
loader
D
employees
loader

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.


Economics

Suggest Corrections
thumbs-up
 
0


similar_icon
Similar questions
View More


similar_icon
People also searched for
View More



footer-image