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Key Features Of A Budgetary Control System(Part6)

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Here,in this Part 6, we learn the following key features of a budgetary control systems:

  • Setting attainable objectives;
  • Assigning executive responsibility;
  • Planning the activities to achieve the objectives;
  • Comparing actual results against the plan;
  • Taking corrective actions and
  • Reviewing and revising plans in the light of changes.

This entry was posted on Wednesday, October 17th, 2007 at 5:11 am and is filed under 5. Budgeting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Key Features Of A Budgetary Control System(Part6)”

  1. Snapshot Of Articles Covered Under Budgeting | MBA Accounting Says:
    March 19th, 2008 at 11:06 pm

    […] Key features of budgetary control(Part6) […]

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