Question

question 19 (1 point)
annual fm budgets often include contingency to:
cover unforeseen failures or price volatility without disrupting core services.
fund unapproved capital projects.
replace governance reviews.
increase discretionary travel.

Explanation:

Contingency in budgets is for unexpected situations. Unapproved projects (not budgeted), replacing governance reviews (not its role), and increasing travel (not a contingency purpose) are incorrect. Covering unforeseen issues without disrupting core services is logical.

Answer:

Cover unforeseen failures or price volatility without disrupting core services.