Question: what are the advantages and limitations of budgetary control?
Answer: Steps in Budgetary Control.
Advantages of Budgetary Control. Maximization of Profits: Co-ordination: Specific Aims: Tool for Measuring Performance: Economy: ... 
Limitations of Budgetary Control. Uncertain Future: Budgetary Revision Required: Discourage Efficient Persons: Problem of Co-ordination: