a system of managing a business by applying a financial value to each forecast activity. Actual performance is subsequently compared with the estimates
Examples of 'budgetary control' in a sentence
budgetary control
A sound system of budgetary control can provide a firm foundation for good business management.
Times, Sunday Times (2014)
The compromise they need is budgetary control from the centre.
Times, Sunday Times (2010)
Budgetary control works best when a company has a formal reporting system.
Times, Sunday Times (2014)
Regrettably the messages had to be deleted owing to cutbacks on answerphone tape required under the station's latest budgetary control, rendering further police action unnecessary.
Times, Sunday Times (2007)
The primary objective of budgetary control is spending carefully to maximise the profits made or the services supplied and to manage the finances efficiently.
Times, Sunday Times (2014)
I worked through the period when jails had to adapt to budgetary control from having virtually unlimited funds.
Times, Sunday Times (2007)
They are very careful about budgetary control and need to understand the business case before implementing any new technology.