What does management do to improve performance?, Management analyses financial data., Management reduces costs and increases efficiency., Why do companies monitor financial performance?, To evaluate profitability, To identify potential risks., To improve financial stability., How do companies increase revenue?, By expanding their operations, By improving product quality., By increasing sales., What do auditors analyse?, Financial statements., Internal controls., Company reports., How does management control expenses?, By monitoring operational costs., By evaluating financial performance., By improving efficiency., Why do companies reduce costs?, To increase profitability., To improve operational efficiency., To remain competitive in the market., What does management monitor?, A. Financial performance., B. Operational costs., C. Company revenue., Why do auditors analyse financial statements?, A. To ensure accuracy., B. To identify errors or fraud., C. To evaluate financial performance., How do companies improve efficiency?, A. By implementing new technologies., B. By reducing unnecessary expenses., C. By improving internal processes., Why do companies maintain financial stability?, A. To reduce financial risks., B. To ensure long-term sustainability., What do managers evaluate when making decisions?, A. Financial performance., B. Market conditions., C. Potential risks..

Acca 08.03

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