ABSTRACT
This study
examined the impact of budgeting planning and control on productivity in
NOCACO. The objective of this study is to bring light to the need for effective
and efficient budget plans and control, and to find out how and to which the
extent budgeting serve as a means of planning and control to increase productivity.
The methods used for the study is survey method, method of data collection is
questionnaire and personal interview and the method of data analysis is likert
scale is used based on mean statistic. The findings based on the data presented
and analyzed, the researcher was able to identify that budgeting planning and
control techniques are used for increase productivity in the dynamic profit and
non profit making organization which is the study of this research work and its
also observed that good budgeting system will help any organization to increase
its productivity level. The researcher concludes that productivity must be
planned before it can be controlled. Operation has been determined and analyze
into expenditure cost so as to know how realistic would be contribution to
project goals to make budget without planning. Lastly, the researcher
recommended that the company should employ competent and intelligent staff
which a lot of experience to facilitate the planning which go a long way in
controlling productivity in the organization.
TABLE OF CONTENTS
Title
page i
Declaration ii
Approval
Page iii
Dedication iv
Acknowledgment v
Abstract vi
Table
of Contents vii
CHAPTER ONE: INTRODUCTION
1.1
Background of the Study 1
1.2
Statement of the Problem 3
1.3
Objective of the Study 4
1.4
Significance of the Study 5
1.5
Research Questions 5
1.6
Scope of the Study 6
1.7
Limitation of the Study
1.8
Definition of Terms 6
CHAPTER TWO: LITERATURE REVIEW
2.0 Introduction 9
2.1 Objectives of Budgeting 10
2.2 Requirements
of a Good Budgeting System 12
2.3 Stages
in Budget Preparation 18
2.4 Flexible
Budgeting 20
2.5 Zero
Base Budgeting (ZBB) 21
2.6 Planning
Programming Budgeting System (PPBS) 24
2.7 Summary
of the Literature Review 27
CHAPTER THREE: METHODOLOGY
3.1 Introduction 28
3.2 Research Design 28
3.3 Area of Study 29
3.4 Population of the Study 29
3.5 Sample Size and Sampling Technique 29
3.6 Instrument of Data Collection 30
3.7 Validation of the Instrument 30
3.8 Reliability of Instrument 31
3.9 Method of Data Collection 31
3.10 Method of Data Analysis 32
CHAPTER FOUR: DATA PRESENTATION
AND ANALYSIS
4.1 Introduction 34
4.2 Characteristics of Respondents 34
4.3 Data Analysis 36
4.4 Summary of Findings 44
4.5 Discussion of Findings 45
CHAPTER FIVE:
SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.0 Introduction 47
5.1 Summary 47
5.2 Conclusion 49
5.3 Recommendations 50
References 53
Appendix 54
CHAPTER ONE
INTRODUCTION
1.1
Background
of the Study
For
any organization to operate meaningfully there has to be clear direction of
where it is leading to or what it is aiming to achieve the standard of
objectives and a means of monitoring derivatives from standard requires. These
considerations can only be met through budgeting, planning as well as
controlling.
A
budget has been defined as a quantitative plan usually in monetary terms for
the forth coming accounting year of the ensuring period. Budgeting
planning/short term planning is the process of preparing detailed, short term
(usually 1 year) plans for the function, activities and departments of the
organization thus converting the long term co-operate plan into yearly action.
Budgeting services as a very important tool for planning and control increase
in productivity, in that budgeting aids planning for the future, if services as
a control function through management by exception which is the assessment of
performance for the purpose of controlling. It helps in co-coordinating of the
work management in order to coordinate the activities of the organization.
