Question: Indeed a solid plan needs to be in place to ensure fiscal responsibility and sustainability. What might the financial manager do to ensure internal finances
Indeed a solid plan needs to be in place to ensure fiscal responsibility and sustainability. What might the financial manager do to ensure internal finances are allocated appropriately. For example, financial accounting deals with external payments and revenues while managerial accounting is internal to the organization. From an internal perspective, what strategy might you use to control costs that will eventually impact external finances?
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