What is Budgeting? | Budgetary control | Advantages & Limitations of Budgeting

In this video, I have discussed " What is Budget, Budgeting and Budgetary control?"

Budgeting is the art of budget making. Budget plays an important role in the development and use of modern cost accounting systems in all types of business enterprises.
Topics I have covered are -
1. What is a Budget?
2. Example of a budget.
3. What is budgeting.
4. What are the requirements for effective budgeting?
5. What is budgetary control?
6. Advantages of budgeting.
7. Disadvantages or limitations of budgeting.

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