The process of developing and using systems to ensure that funds are spent for the purpose for which they have been appropriated is referred to as
A) Human Resource Management.
B) Financial Management.
C) Technical Resource Management.
D) Accounting Management.

Question

Quizplus · Accepted Answer

Financial Management involves the planning, organizing, directing, and controlling of financial activities such as procurement and utilization of funds of the enterprise. It ensures that the funds are spent for the purposes for which they have been appropriated.

The Process of Developing and Using Systems to Ensure That