Tag Archives | Budgetary Control

Budgetary Control: Meaning, Objectives, Control, Advantages and Limitations

In this article we will discuss about:- 1. Meaning and Definition of Budgetary Control 2. Objectives of Budgetary Control 3. Essentials 4. Advantages 5. Limitations. Meaning and Definition of Budgetary Control: Budgetary control is the process of preparation of budgets for various activities and comparing the budgeted figures for arriving at deviations if any, which are to be eliminated in [...]

By |2018-06-18T11:02:00+00:00June 18, 2018|Budgetary Control|Comments Off on Budgetary Control: Meaning, Objectives, Control, Advantages and Limitations
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Top 3 Methods for Preparation of Cash Budget

The following points highlight the top three methods for preparation of cash budget. The methods are: 1. The Receipt and Payments Method 2. Adjusted Profit and Loss Method 3. Balance Sheet Method. Preparation of Cash Budget: Method # 1. The Receipt and Payments Method: Under this method all anticipated cash receipts are carefully forecasted from a particular period. Cash receipts [...]

By |2016-06-13T06:11:51+00:00June 13, 2016|Budgetary Control|Comments Off on Top 3 Methods for Preparation of Cash Budget
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