In today's competitive business environment, organizations face increasing pressure to manage costs efficiently while maintaining profitability and sustainability. Strategic cost control practices play a crucial role in improving budgeting accuracy and financial performance. This study examines the impact of cost control techniques such as standard costing, variance analysis, and budgetary control on budgeting accuracy in organizations. The research is based on primary data collected from 100 respondents through a structured questionnaire. Secondary data from journals and reports has also been used to support the analysis. Statistical tools such as percentage analysis and Chi-square test were applied for hypothesis testing. The findings indicate that effective cost control practices significantly improve budgeting accuracy, reduce deviations, and enhance financial performance. The study concludes that integrating cost control strategies with budgeting systems is essential for achieving financial discipline and organizational efficiency in a competitive market.
Bharati et al. (Thu,) studied this question.