An Examination Of Budgetary Control And Its Impact On Organizational Performance (Case Study Of Nigeria Breweries)
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
Companies are constantly given goals that must be met within a certain amount of time. When these objectives are determined, action plans are created to steer employees toward reaching the objectives. A thorough yearly financial plan, known as a budget, may be included in the plan. Budgeting, according to Abdullahi (2012), entails setting specified objectives, reporting actual performance outcomes, and evaluating performance in relation to the established goals. Budgetary control systems are widely used and are regarded as an important instrument for financial planning. The goal of budgetary control is to offer a forecast of revenues and expenditures. This is accomplished by building a model of how our company would perform financially if specific strategies, events,...
