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Revising the budget when actual sales are below estimates is an example of which function?

Answer and explanation

Correct answer: Financial control

Financial control compares actual results with the budget or plan and makes corrective changes when necessary. If sales are lower than expected, spending may need to be reduced, postponed, or redirected. Recruitment, packaging, and customer segmentation can support a business, but they do not describe adjusting finances in response to performance.

Related tags

Financial ControlBudgetSales PerformanceQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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