Budgeting As A Management Tool For Planning, Controlling And Decision Making

          The usefulness of budgeting, as a management tool cannot be over emphasized. A good budgeting system could aid management in decision-making, performing the controlling and planning functions. It does seem that this very important implement of work is not efficiently used by many mangers, especially those in the private sector of our economy. The effect is that corporate efficiency has declined, profit maximization opportunity thrown over board, while planning and managerial inefficiency are installed.           Because of the above reasons, this research work was effect looked into …