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APPLICATION OF BUDGETS AND BUDGETARY CONTROL

CHAPTER ONE INTRODUCTION 1.1   Background of the Study Budgetary control systems according to Wagh and Gadade (2013) are a control system that motivates as well as monitor the activities and personnel, as they perform all the financial and curricular activities in a patterned and systematic manner. Budgeting and budgetary control occupy an important place among techniques used in planning and control functions of an organization (Kipkembo, 2013). Budgetary control ...

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