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unit: MANAGE FINANCES WITHIN A BUDGET 3.What must you do before implementing any changes to income and expenditure priorities? (a)Check that the business can afford

unit: MANAGE FINANCES WITHIN A BUDGET

3.What must you do before implementing any changes to income and expenditure priorities?

(a)Check that the business can afford to implement the changes.

(b)Document the changes in the budget.

(c)Discuss the changes with appropriate colleagues.

(d)Submit a formal proposal to the owner of the business.

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