Define budgetary control and distinguish it from standard costing. Discuss the inter-relationship between budgetary control and the
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Define budgetary control and distinguish it from standard costing. Discuss the inter-relationship between budgetary control and the standard costing system.
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Budgetary Control Budgetary control is a management process used to plan monitor and control an organizations financial activities and performance It involves the development of budgets which are deta...View the full answer
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