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ST3BA2-6

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Question 1 of 6

As change takes place it is important to:

Cut costs

Monitor and evaluate

Employ new staff

Have meetings

Tools and techniques for analyzing change are based on:

Cause and effect

Organisation structure

Stakeholder mapping

Health and safety

Drag and drop the words into the correct gaps.

financialeffectstransactionssummarisestatements

The role of reporting is to effectively measure the effects of business and events, record the on the business and those transactions and their consequences in a format that is useful to the users of the financial .

Why is it important to identify risks to the project as soon as possible

To allow time to put solutions or contingencies in to place

To allow time for someone else to take over the budget

What is a cash flow budget?

An estimate based on the past

A plan for the future

A comparison of figures

A way of measuring performance

Expenses are:

Projected activity

The costs incurred to produce a product

Capital costs

Income from the sale of products

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