1.0 INTRODUCTION
1.1 BACKGROUND OF STUDY
Whenever the demand for factors of production is greater than the supply, some method of apportioning them among different uses has to be employed and this brought the need for budgeting and control. In a perfect competition, they would be distributed among different employments according to the demand for them, equilibrium being achieved when the marginal productivity of each was the same in all occupations (J.L.Hanson, 1977).
Budgeting being the single most important decision making process can therefore be considered an important part of the classic management cycle of planning, action and control or more specifically, as part of a total management system that includes: -
- strategy formulation and implementation
- planning systems
- budgeting systems
- organization
- production/marketing systems
- control/reporting systems.
As long ago as 1931, the Macmillan Committee on Finance and
Industry recommended control of investment. To support his policy of full employment, lord Beverage suggested that since investment was easier to control than saving, the two should be brought into line by imposing control over investment. Since investment cannot exist without budget and implementation, there became the need for budgetary control rather than investment control (Ifeanyi .A. Arji, 1997).
TABLE OF CONTENTS
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
TABLE OF CONTENTS
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDIES
1.2 STATEMENT OF THE PROBLEM
1.3 PURPOSE FO STUDY
CHAPTER TWO
2.0 REVIEW LITERATURE
2.1 BASIC CONCEPTS OF BUDGETING AND BUGETARY CONTROL
2.2 TYPES OF BUDGETS FOR PLANNING AND CONTROL
2.3 BUDGETARY CONTROL IS AN ORGANIZATION
2.4 PRESENTATION ANALYSIS
2.5 BUDGETARY ANALYSIS
2.6 OPERATIONAL AND ADMINISTRATIVE EXPENSES
2.7 TYPES OF BUDGETARY CONTROL
2.8 BUDGETARY CONTROL PROCESS
2.9 BUDGETARY AN EFFECTIVE MEANS OF PLANNING BUDGET ANALYSIS
CHAPTER THREE
3.0 SUMMARY
3.1 RECOMMENDATION
3.3 CONCLUSION
REFERENCE
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 11). Bugetary Control In The Marketing And Manufacturing Organization.. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/4978/bugetary-control-in-the-marketing-and-manufacturing-organization-7692
"Bugetary Control In The Marketing And Manufacturing Organization." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/4978/bugetary-control-in-the-marketing-and-manufacturing-organization-7692>.
"Bugetary Control In The Marketing And Manufacturing Organization.." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/4978/bugetary-control-in-the-marketing-and-manufacturing-organization-7692>.
"Bugetary Control In The Marketing And Manufacturing Organization.." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/4978/bugetary-control-in-the-marketing-and-manufacturing-organization-7692.
- Related Works
- Auditing As An Indispensable Tool For Economic Development (a Case Study Of Texco Nigeria Plc Lagos State)
- An Economy Without A Budget
- Success And Failure Of Public Sector Accountability In Nigeria (a Case Study Enugu Sate Ministry Of Finance)
- The Impact, Advantages Of Using Automated Teller Machine (atm) In Nigeria Banking Industry
- The Role Of Nigeria Money Market In Savings Mobilization
- The Impact Of Different Methods Of Depreciation On The Profitability Of A Company (a Case Study Of Anammco Motor Enugu State)
- Auditing As A Tool For Achieving Organizational Objectives
- The Role Of Banks In Industrial Development Of Nigeria
- The Ethics Of Tax Evasion; Perceptual Evidence From Nigeria A Case Study Of Some Selected Local Government Area In Akwa Ibom State
- The Role Of Auditors In Computerized Accounting Systems