Important factors for successful budgetary control1, Ask an Expert

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IMPORTANT FACTORS FOR SUCCESSFUL BUDGETARY CONTROL

1. Clearly defined organization structure.

2. Top management support.

3. Reporting of deviations

4. Efficient accounting system.

5. Realistic targets.

6. Motivation.

7. Flexibility.

8. Participation of all departments concerned.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9511650

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