Financial controls focus on:

Question

Quizplus · Accepted Answer

Financial controls primarily focus on short-term financial outcomes and ensuring that the organization adheres to its budget and stays on track financially. While strategic actions and long-term performance are important, they are not the primary focus of financial controls, which are intended to minimize financial risk and ensure that the organization maintains its financial stability in the short-term. The risk-taking ability of the top management team may be considered in financial controls, but it is not the primary focus.

Financial Controls Focus On