The potential consequences of not balancing expenditure in a business can be severe. It can lead to financial instability, inability to meet financial obligations, and even bankruptcy. It can also result in poor resource allocation, where some areas of the business are overfunded while others are underfunded. This can hinder the business's ability to operate efficiently and effectively, and may lead to missed opportunities. In the long run, it can affect the business's profitability and sustainability.
Supervise financial transactions, adhere to predetermined budgets, and forecast upcoming expenses to...
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