Lecture Managerial Accounting - Chapter 10: Budgetary Control and Responsibility Accounting

Lecture Managerial Accounting - Chapter 10: Budgetary Control and Responsibility Accounting. After studying this chapter, you should be able to: Describe the concept of budgetary control, evaluate the usefulness of static budget reports, explain the development of flexible budgets and the usefulness of flexible budget reports, describe the concept of responsibility accounting.