0
It is the creation and the monitoring of budgets (and taking actions when the needs arise).
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Advantages and limitations of budgetary control?
One advantage of budgetary control is the fact that managers can control spending. A disadvantage to budgetary controls is that it may limit innovation.
What is planning and benefit of planning?
what is the benefits of planning
What is the difference between planning and strategic planning?
Planning is just current planning whereas strategic planning helps plan the business for more than 5 years from now.
What is the planning?
The Plan is, there is no Plan.
What are the two levels of planning done in a business?
Enterprise-Wide Planning & functional planning
What software applications can assist with budgetary planning?
There are some software applications you can find that will assist you in budgetary planning. Some of the applications are adaptiveplanning, youneedabudget, or Budget Planning Software to name a few.
Who is responsible for budgetary control?
It's the Finance Ministry who is responsible for budgetary control. The Ministry is assisted by Finance Secretary,Central Bank, Planning Commission. But the overall responsibility is bestowned upon the Finance Ministry.
What is the importance of management accounting to a manager?
Cost accounting is a vital management tool for effective management functions, such as, for manager to perform budgetary planning & controls and for decision making.
Advantages and limitations of budgetary control?
One advantage of budgetary control is the fact that managers can control spending. A disadvantage to budgetary controls is that it may limit innovation.
What makes budgetary accounting different from conventional accounting?
what makes budgetary accounting different from conventional accounting
What is budgetary offer?
A budgetary offer is an estimation of expenses to expected to be used in a given period. It has to be itemized and it done as a proposal when seeking for financing.
What is correct spelling budgetory or budgetary?
The correct spelling is "budgetary."
How bonus program can encourage budgetary slack?
it does not
Which agency provides congress with information for making budgetary decisions?
The Congressional Budget Office (CBO) provides Congress with information and analysis for making budgetary decisions.
How long is the state budgetary period?
2 years
The budgetary unit of an organization which is led by a manager who has both the authority over and responsibility for the units performance is known as?
This budgetary unit is known as the control center.
What member of the loman family is most aware of the family's financial situation and budgetary concerns?
Linda Loman is most aware of the family's financial situation and budgetary concerns.
