Define Budget Manual
Give a short introduction of the term ‘Budget Manual’?
Expert
Budget Manual is a document which standardized techniques and processes necessitated in relative to budgetary control. It as well sets out the liability of persons engaged in the procedure. A budget manual must consist of the following particulars which are illustrated below: - Responsibilities and Duties of the diverse executives - Organization plan - Duties of budget committee and budget office - Budget centre codes and Accounts codes - Budget figures
Write down the pre-requisites to apply Budgetary Control?
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