Large organisations such as Rio Tinto,WMC and the Commonwealth Bank assign financial analysts to work exclusively on developing __________ and monitoring whether actual __________ is going according to plan.
A) financial budgets; cash expenditure
B) capital budgets; capital expenditure
C) cash budgets; gross expenditure
D) expense budgets; net expenditure
E) None of these choices.

Question

Quizplus · Accepted Answer

Large organisations assign financial analysts to work on developing capital budgets, which include planned capital expenditure for the business. The financial analysts also monitor whether actual capital expenditure is inline with the budgeted figures. Therefore, option B is the correct answer.

Large Organisations Such as Rio Tinto,WMC and the Commonwealth Bank