BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
If a budget contains several discrepancies, the LAST adjustment that managers should attempt is to
|
|
find ways to increase revenue
|
|
|
adjust the budget
|
|
|
seek ways to cut expenses
|
|
|
double-check their calculations
|
Explanation:
Detailed explanation-1: -The chief financial officer, controller or equivalent executive is ultimately responsible for managing the company’s finances, including top-level budgets.
Detailed explanation-2: -Managers are usually held accountable if their part of the company faces financial problems. This is an estimate of the actual money a business received and paid out for a specific period. Identifies the companies from which credit purchase were made.
Detailed explanation-3: -What should you do if you overspend in one category of your budget? Adjust your budget by removing money from other spending categories. Detailed categories on your budget will help you make better spending decisions.
There is 1 question to complete.