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BUSINESS BSBFIM501

This Question is from 'BSBFIM501 Manage budgets and financial plans' course. There are no parts missing for this Question; guaranteed! This is the...

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Task 3:

Implementing financial management approaches Your budget has now been negotiated and confirmed to be $2,700,000. It is time now to disseminate the details of the agreed budget/financial plans to your team members.

In this task you will meet with your team for 5-10 minutes for the purpose of:

Clarifying the budget and providing the details:

How do you provide support to your team to ensure that theycan competently perform the required rolesassociated with the management of finances?

How you will determine and access resources and systems to manage financial management processes within your team?