Budgetary Question:
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What is Budget Manual?
Answer:
Budget Manual is a document which standardized methods and procedures required in relation to budgetary control. It also sets out the responsibility of persons engaged in the process. A budget manual should contain the following particulars:
Principles and objectives of the budgetary control:
-Duties and responsibilities of the various executives
-Organisation chart
-Duties of budget office and budget committee
-Accounts codes and budget centre codes
-Budget diagrams
Principles and objectives of the budgetary control:
-Duties and responsibilities of the various executives
-Organisation chart
-Duties of budget office and budget committee
-Accounts codes and budget centre codes
-Budget diagrams
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