Unit 5 Budgetary Control

Unit 5 Budgetary Control-

5.0 Lerning Objectives

5.1 Introduction

5.2 Meaning of Budget
5.2.1 Meaning of Budgetary Control
5.2.2 Budgetary Control as a Management Tool
5.2.3 Limitations of Budgetary Control
5.2.4 Forecasts and Budgets.

5.3 Budgetary Control System
5.3.1 Installation of Budgetary Control System.
5.3.2 Kinds of Budgets.
5.3.3 Functional Budgets.
5.3.4 Flexibility Budgets
5.3.5 Period Budgets
5.3.6 Condition Budgets

5.4 Zero-Base Budgeting Strategy

5.5 Balanced Scorecard