6/24/09

What are the key features of A Budgetary Control System

Append below some of the key features of a budgetary control system:
  • 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.

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