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An entrepreneur revised the budget in time when expected sales were not achieved. Which function does this show?

Answer and explanation

Correct answer: Financial control

Financial control compares actual results with the budget and takes corrective action when there is a difference. Revising spending after lower-than-expected sales helps protect cash and keep the business financially stable. Recruitment, production design, and advertising writing may be separate activities, but they do not describe monitoring and correcting the budget.

Related tags

Financial-ControlBudgetingQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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