ABSTRACT
This study was designed to examine
the budgeting and budgetary control as a tool for the enhancement of organizational
productivity. Since resources are relatively scarce and limited, anyone
involved in some way in their management is necessarily concerned with the
effective utilization of resources available to her discharging the economic
functions for which she is responsible. Budgeting and budgetary control become
the most tactical instrument for both decision-making as well as allocation of
resources. Budget as a profit planning device sets standards of performance of
manager, while budgetary control is a tool employed by management to keep track
of actual performance to ensure budgeted standards are achieved. In the course
of this research work 100 managers were taken as sample population. Data is
obtained through personal interview and the administration of questionnaires
secondary data source is also employed. Two hypotheses were formulated and
tested using chi-square at 5% level of significant. The analysis of the finding
indicates that there is certain level of awareness in organization, results
obtained from the study should have a high positively level between budgetary
control and budget. the Following recommendations review that management must
ensure that established target are not only realistic in nature, management
must ensure that there must be active participation and proper coordination,
also, an integral aspect of a budgeting system in the process of setting budget
standards.
CHUKWU, C (2021). Budgeting And Budgetary Control As A Tool For The Enhancement Of Organizational Productivity . Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/budgeting-and-budgetary-control-as-a-tool-for-the-enhancement-of-organizational-productivity-7-2
CHIGOZIE, CHUKWU. "Budgeting And Budgetary Control As A Tool For The Enhancement Of Organizational Productivity " Mouau.afribary.org. Mouau.afribary.org, 03 Aug. 2021, https://repository.mouau.edu.ng/work/view/budgeting-and-budgetary-control-as-a-tool-for-the-enhancement-of-organizational-productivity-7-2. Accessed 27 Nov. 2024.
CHIGOZIE, CHUKWU. "Budgeting And Budgetary Control As A Tool For The Enhancement Of Organizational Productivity ". Mouau.afribary.org, Mouau.afribary.org, 03 Aug. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/budgeting-and-budgetary-control-as-a-tool-for-the-enhancement-of-organizational-productivity-7-2 >.
CHIGOZIE, CHUKWU. "Budgeting And Budgetary Control As A Tool For The Enhancement Of Organizational Productivity " Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/budgeting-and-budgetary-control-as-a-tool-for-the-enhancement-of-organizational-productivity-7-2