Significance of Budgeting and Budgetary Control With Reference To Picastra Logistics Private Limited |
Author(s): |
| G Ashok Kumar , Sathyabama Institute Of Science And Technology; John Paul .M, Sathyabama Institute Of Science And Technology |
Keywords: |
| Budgetary Control, Variance Analysis, Revenue Budgeting, Budgetary Discipline, Operational Expenditure Budget |
Abstract |
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The key function of the financial management is the selection of the most profitable assortment of asset investment and it is the most important area of decision making of the financial manger because any action taken by the manger in this area affects the working and the profitability of the firm for many years to come. The objective of the research is to study on budgetary control through which to stress the importance of asset budgeting in an organization and to analyze the asset budgeting process to be adopted by the company in order to take better investment decisions for various business projects. Further, it caters information about cash inflows and outflows of various years. Thus, the comparison provides clear idea about investments and return on the same which can be helpful for the years to come. |
Other Details |
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Paper ID: IJSRDV11I30036 Published in: Volume : 11, Issue : 3 Publication Date: 01/06/2023 Page(s): 19-22 |
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