Business Arithmetic — Entrepreneurship STD 12 Commerce — Question

Budgetary control is a technique of managerial control in which all operations are planned in advance. In the form of budget actual performance is compared with standard performance. It also helps to achieve the organizational objective of an enterprises.

1. Provides a source of motivation to employees and employers.
2. It helps in optimum utilization of resources.
3. It also helps to maintain the coordination among all the departments.