2019HSCMultiple choice
Q14
1 mark
Question
Which of the following is the correct order for financial planning?
A. Developing budgets, determining financial needs, maintaining record systems, identifying financial risks, establishing financial controls
B. Determining financial needs, establishing financial controls, identifying financial risks, maintaining record systems, developing budgets
C. Determining financial needs, developing budgets, maintaining record systems, identifying financial risks, establishing financial controls
D. Developing budgets, maintaining record systems, identifying financial risks, establishing financial controls, determining financial needs
Syllabus alignment
Finance
- Financial planning and implementationPlan for financial needs, budgets, record systems, financial risks and financial controls.