Budgeting and Budgetary
Distinctions Between Strategy Formulation, MCS and Task Control
Budgetary Control
1 The Budgeting Process January 16 th 2007. 2 Lecture Objectives Explain how budgeting fits into the overall framework of decision-making, planning and.
Managerial Accounting (session 2) Management Control.
1 Preparation of master budget. 2 Budget A budget is a quantitative statement, for a defined period of time, which may include planned revenue, expenses,
