ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What should you do if your budget does not balance?
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adjust savings
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lower expenses
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increase income
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any of these
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Explanation:
Detailed explanation-1: -10 Ways To Improve Your Budgeting & Forecasting. Author : Dennis Najjar. Keep Budgeting and Forecasting Flexible. Implement Rolling Forecasts and Budgets. Budget to Your Plan. Communicate Early and Often. Involve Your Entire Team. Be Clear About Your Goals. Plan for Various Scenarios. More items
Detailed explanation-2: -Figure out what happened. Do adjustments for the following month. Make goals and plans. Adjust your budget permanently if you keep going over it. Avoid cutting your saving amounts.
There is 1 question to complete.