Relevant cost - meaning

What is budget committee?

Budget committee is the committee formed within the organization which serves as coordinating authority of the budgeting process. It is concerned with resolving difficulties or disputes which may arise among functional heads and to take decision so as to alter production, price and so on.
budget committee
The budget officer will submit the draft master budget to the committee for consideration after which it is finally approved by board of directors. Budget committee function in an advisory capacity.

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