Effect of Budget and Budgetary Control as a Mechanism for Effective Decision Making in Manufacturing Organization (a Case Study of Chemiron International Limited,ogun State)

Student: Fatimoh Adeola Akinyemi (Project, 2025)
Department of Accountancy/Accounting
Lens Polytechnic, offa, Kwara State.

Abstract

ABSTRACT This study examined the “effect of budget and budgetary control as a mechanism for effective decision making in manufacturing organization”. The project work enables the researcher to know how effective budgetary control can bring about efficiency in the manufacturing organization system, to know the effect of poor application of budget and budgetary control to manufacturing organization system as well as a reference point for control reporting. The result of the hypothesis tested through chi-square method shows that effective budget and budgetary control can bring about efficiency in the manufacturing organization and also poor application of budget and budgetary control has effect on the manufacturing organization system. It is therefore recommended that since budget and budgetary control is an accounting tool and also a useful bench mark with which actual result can be compared, the researcher therefore recommend, that government should encourage it so that it will be applied effectively. The key words used are: budget and budgetary control, decision, planning and manufacturing organization.

Keywords
effect budget budgetary control mechanism effective decision making manufacturing organization
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