Discuss the benefits and limitations of budgets and budgetary control systems for the given business. Identify...
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Discuss the benefits and limitations of budgets and budgetary control systems for the given business. Identify the cash problem revealed by budgetary planning that might facing in businesses and recommend corrective actions that can be taken by management by justifying how that solution can ensure better decision making and efficient use of resources in business. Concept Budget Budgetary Planning Budgetary control Definition Objectives Benefits 1. 2. 3. 1. 2. 3. 1. 2. 3. Limitations 1. 2. 3. 2. 3. 2. 3. Discuss the benefits and limitations of budgets and budgetary control systems for the given business. Identify the cash problem revealed by budgetary planning that might facing in businesses and recommend corrective actions that can be taken by management by justifying how that solution can ensure better decision making and efficient use of resources in business. Concept Budget Budgetary Planning Budgetary control Definition Objectives Benefits 1. 2. 3. 1. 2. 3. 1. 2. 3. Limitations 1. 2. 3. 2. 3. 2. 3.
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Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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