Assessment 3
Open course index
Open block drawer
Started on Monday, 5 August 2024, 4:52 PM
State Finished
Completed on Monday, 5 August 2024, 4:57 PM
Time taken 4 mins 34 secs
Marks 18.00/20.00
Grade 90.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
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Question text
Which one of the following is a purpose of financial budgets?
Select one:
a.
They verify the viability of the strategic plans (operating budgets).
b.
They reveal the financial actions that the business must take to make the execution of its strategic
budgets possible.
c.
They indicate how the operating plans of the financial function will affect past financial actions.
d.
They indicate how the operating plans of the business will affect future financial actions.
Feedback
The correct answer is: They indicate how the operating plans of the business will affect future
financial actions.
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