Dawn, the finance manager of a sporting goods manufacturing company, uses accounting records to track monthly operational budgets to ensure that the company's financial targets are being met. This is an important task in which stage of the managerial process?

Question

Quizplus · Accepted Answer

Tracking monthly operational budgets to ensure that financial targets are being met falls under the controlling stage of the managerial process, which involves monitoring and adjusting ongoing activities to ensure that goals are being achieved. Dawn's role as a finance manager is to control the financial operations of the company and make necessary adjustments to ensure that the company is on track to meet its financial objectives.

Dawn, the Finance Manager of a Sporting Goods Manufacturing Company