Your financial manager reports to you, the CEO, that your company's actual monthly financial results closely match, but not exactly match, the monthly budget. This indicates that ________.

Question

Quizplus · Accepted Answer

If the actual monthly financial results closely match, but not exactly match, the monthly budget, it indicates that the company is fulfilling its plans to some extent. However, it may still require some scrutiny to identify any variances and take corrective action for better financial management. Borrowing money quickly or planning a stock sale may not be necessary based on this information alone.

Your Financial Manager Reports to You, the CEO, That Your