Question

question 49 (1 point)
the main purpose of fm financial reporting is to:
inform stakeholders of performance, justify budgets, and guide decisions.
provide entertainment for meetings.
hide unfavorable variances.
avoid audit trails.

Explanation:

Financial reporting in FM (Facility Management) aims to communicate performance to stakeholders. It helps in justifying budgets (by showing resource utilization) and guiding decisions (like future investments or cost - cutting measures). Options like providing entertainment, hiding variances, or avoiding audit trails are not legitimate purposes of financial reporting. Financial reporting is a serious, transparent process for accountability and informed decision - making.

Answer:

Inform stakeholders of performance, justify budgets, and guide decisions.