Albert is starting a new job as a financial manager for a Fortune $500$ company. His manager has told him that he needs to hold monthly financial reviews to ensure financial control. What is the primary purpose of these reviews?

Multiple Choice

predict cash inflows in future periods past one year

manage the day$-$to$-$day cash needs of a business

develop the appropriate budgets for all functional departments

identify variances from the financial plan and take corrective action