1.

Write a short note on budgetary control as a technique of managerial control

Answer» Budgetary Control is a technique of managerial control in which all operations are planned in advance in the form of budgets and actual results are compared with budgetary standard. This comparison helps to identify the deviations and the necessary helps to identify the deviations and the necessary actions to be taken so that organisational objective are achieved. At the same time, it is a source of motivation to the employees, as they know clearly the standards against which their performance is appraised. It also helps to achieve coordination among different departments.


Discussion

No Comment Found

Related InterviewSolutions