ocr: Principles ofBudgeting In order to achieve the maximum possible benetits from the budgetary planning and control system, the following principles should be adhered to: 15 These Quantifiable objectives should be Budgetary established Objectives for the 26 budget towards its period longer (normally term one strategic year) and so that, tactical if achieved, they will move the organisation objectives. Stating the budget objectives in - 37 outcomes quantitative can terms later be means compared that the against actual 4 objective predetermined measures. -
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