Budgetary Control and its advantages

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MASTER OF COMMERCE – M.Com Second Year (MCO) Solved Assignments for July 2019 and January 2020 Admission Cycles

MCO Tutor Marked Solved Assignment

Course Code : MCO – 05
Course Title : Accounting for Managerial Decisions
Assignment Code : MCO-05/TMA/2019-20
Coverage : All Blocks

MCO – 05 : Accounting for Managerial Decisions Solved Assignment for 2019-20

Question 5. What do you mean by the term ‘Budgetary Control’? What are its advantages? Also explain the statement that, “A budget is a means and Budgetary control is the end result”.

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