Budgeting Question:

Download Job Interview Questions and Answers PDF

Define Budgetary Control?

Budgeting Interview Question
Budgeting Interview Question

Answer:

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.

Download Budgeting Interview Questions And Answers PDF

Previous QuestionNext Question
List the requirements for the successful implementation of Budgetary Control?What is Budget?