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The Finance Department should conduct a risk analysis before approving funds for large-scale purchases to minimise financial losses. - Commercial Applications

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प्रश्न

The Finance Department should conduct a risk analysis before approving funds for large-scale purchases to minimise financial losses.

विकल्प

  • True

  • False

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उत्तर

True

Explanation:

  • Conducting a risk analysis allows the Finance Department to assess potential financial, market, and operational risks before approving large-scale expenditures.
  • This helps in minimising financial losses and ensures funds are allocated safely and effectively.
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Functioning of a Commercial Organisation - EXERCISES [पृष्ठ ९०]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 7 Functioning of a Commercial Organisation
EXERCISES | Q I. 19. | पृष्ठ ९०
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