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Critical Analysis Of Budgetary Control Its Effectiveness And Efficiency In A Non Profit Making Organization
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LACK OF ADEQUATE RESEARCH MATERIAL
Many libraries visited offered little help as regard text books for the project.
POOR RESPONSE FROM THE EMPLOYEES
The employees are unable to disclose some information about the company which made some difficulty in writing the research work.
1.8 DEFINITION OF TERMS
Actual Performance – Is the real facts on how well or badly the targeted objective was achieved.
Budget – Is a statement showing how money will be spent over a period of time.
Critical – Expressing disapproval on the expected performance.
Efficacy – The ability to produce
Effectiveness – Ability to produce the intended or actual result being
efficacious and efficient.
Evaluation – Finding out or stating the value of something.
Forecast - To budget in advance what is likely to happen
HO - Null hypothesis
H1 - Alternative hypothesis Alternative hypothesis is what the researcher
thinks
most of the respondent will agree with in relation to the research
problem or the true description of the phenomena. Null hypothesis is not
and the opposite.
Hallmark – Mark to indicate standard.
Inducing – Persuade, bring in labour
Planning – Is the act or process of intending to achieve an objective in advance.
Variance – Is the amount which brings difference between the actual and the budgeted.
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ABSRACT - [ Total Page(s): 1 ]This research work will be A very crucial study for non- – profit making organization in Nigeria. The role of non – profit making organization in any economy is indispensable. To give this effort proper direction, it is identifiable that the key ingredient in translating this dream into reality is to bring about a clearer understanding of the need for an effective and efficient budgetary control in a non – profit making organization. The research will be carried out through ... Continue reading---
