Budgeting Fundamentals Quiz

To forecast the stock market

To analyze historical data

To manage human resources

To allocate resources and control compliance with the plan (correct)

Fiscal leader sets the financial direction, while fiscal manager oversees day-to-day financial activities (correct)

Fiscal leader oversees day-to-day financial activities, while fiscal manager sets the financial direction

They have the same roles and responsibilities

Fiscal leader is responsible for budgeting, while fiscal manager handles investments

At any random time during the year

During the financial year

After the financial year ends

Before the beginning of the financial year (correct)