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Budgetary Control

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Mastering Accounting

Part of the book series: Macmillan Master Series ((MMS))

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Abstract

Vic Ganby had built up a thriving business. He had left the army in 1980 and used all of his capital to buy a small garage. He began by doing all the work himself — serving petrol, repairing and maintaining cars, and the paperwork. He built up a reputation for excellent service and quality workmanship. His business expanded rapidly. He extended the workshop and bought the building next door, turning it into a showroom for new car sales. He then bought two other garages in the area and a hire car business. His company now employed over 200 people and Vic appeared to be doing very well.

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© 1990 George Bright and Michael Herbert

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Bright, G., Herbert, M. (1990). Budgetary Control. In: Mastering Accounting. Macmillan Master Series. Palgrave, London. https://doi.org/10.1007/978-1-349-20618-6_20

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