Budget And Budgetary Control As A Means Of Achieving Organizational Objectives (a Case Study Of Ranccor Food And Packaging Nigeria Ltd)

ABSTRACT A budget is a quantitative plan of action prepared in advance for the period to which it relates while control encompasses all the methods and procedure which directs employees towards achieving the organizational objectives. This work is carried out to know how budgeting process is required to achieve different purposes within an organization. In addition to aiding, planning, coordinating and communicating activities of an organization, budget provides a financial blue print that enables a firm coordinate all its activities. For effective understanding, this research work is presente…