How are financial plans agreed upon

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Reference no: EM132982574

1. What are the key financial plans for which a financial organisation may be responsible? How do the financial plans support the success of plans for the team? What budgetary requirements do you and/or your team need to meet?

2. How are financial plans agreed upon? In particular how are those teams and/or people who are responsible for achieving the financial plans involved in the planning process?

3. Where there is a need for a change in plans how are those changes negotiated and agreed? When are contingency plans implemented? What are two examples of the implementation of contingency plans enacted where financial outcomes for your work team may not be reached?

Reference no: EM132982574

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