Multiple Choice
Budgeting is a method of controlling expenses and costs because:
A) it helps to establish clear lines of who can or cannot spend money.
B) it helps to clarify certain amounts.
C) managers find it more convenient.
D) it helps to increase profits.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: It is important to remember that a
Q5: The issue of ticket prices is:<br>A)an irrelevant
Q6: A budget is a financial guide; it
Q7: Fundraising activities might be:<br>A)a requirement.<br>B)an opportunity to
Q8: Good financial management is important to an
Q10: Some costs are fixed, for example the
Q11: Ignoring the objectives of the event when
Q12: Contribution-pricing is when:<br>A)guests pay what they can.<br>B)fixed
Q13: If the event objective is quality rather
Q14: One key to the effective financial management