General evaluation principles of the responsibility centers� budjet fulfillment
Author: Assoc. Professor Dr. Maya Lambovska (University of National and World Economy, Sofia)
Keywords: budgetary control, general evaluation principles, budget fulfillment, responsibility centers.
General principles that ought to be applied to the evaluation of the responsibility centers' budget fulfillment are systematized in the article. The article has been worked out in two parts. First part is devoted to the procedure of responsibility centers' performance evaluation as an element of the budgetary control process. Author's concept about the general principles used for performance evaluation of the responsibility centers is put forward in the second part. A number of unresolved questions from the budgetary control theory are posed in the second part. Some possible approaches to their decisions are suggested as well.