CONTROLLING COST IN TIME OF COVID-19
The ongoing COVID-19 pandemic situation has been a challenging time for the companies and their employees. The greatest concern of the companies during this global pandemic has been to understand the risks to their businesses and to control the dramatic revenue loss. Most of the companies are experiencing a significant...
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Budgetary Control in an Organisation: An In-depth Analysis
Budgetary control is a system for establishing the best estimate budget for each function of an organisation by management in terms of expenditure and revenue. The purpose is to know the variance between actual and budgeted results with an objective to control various costs within a particular period. The budget...
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