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Question
question 20 (1 point)
a best practice for annual plans during the year is to:
use rolling forecasts and adjust for variances quarterly or monthly.
lock the plan and never adjust.
remove metering and submetering.
stop tracking costs mid - year.
Annual plans need to be flexible. Rolling forecasts allow for adjustments based on new information. Quarterly or monthly variance adjustments ensure the plan remains relevant. Locking the plan (no flexibility), removing metering (losing data for adjustments), and stopping cost - tracking (losing financial insight) are not best practices.
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Use rolling forecasts and adjust for variances quarterly or monthly.