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Discuss the objectives and limitations of budgetary control

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Reference no: EM13506689

1. Define ‘Budget' and ‘Budgetary Control'. Give a description of two important budgets.
2. Define ‘budgetary Control' and explain its objectives. Discuss how the functional budgets are built up taking any one specific example.
3. Discuss the objectives and limitations of budgetary control
4. List the important functional budgets prepared by a business.

Reference no: EM13506689

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