The last step in the financial planning process is to establish financial controls.

Question

Quizplus · Accepted Answer

Establishing financial controls is an important step in the financial planning process to ensure that the plan is being followed and to make any necessary adjustments or corrections. This involves monitoring financial activities and comparing them to budgeted amounts or other benchmarks, as well as implementing measures to prevent or detect fraud and errors.

The Last Step in the Financial Planning Process Is to Establish