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The role of financial managers in maintaining records of business expenses
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[QUOTE="Ayuba Ernest, post: 245031, member: 70169"] Financial managers are responsible for maintaining accurate and up-to-date records of a company's expenses. This includes tracking spending, budgeting, and preparing reports on financial performance. In order to ensure that all expenses are accounted for, financial managers often work closely with department heads and other employees who are responsible for specific areas of spending. Financial managers have a very important role in any business - they are responsible for maintaining accurate records of all the business expenses. This is essential in order to ensure that the business is operating as efficiently as possible and that no money is being wasted. Financial managers should keep track of all the regular expenses, such as office supplies, utilities, and employee wages, as well as any special or one-time expenses. They also need to monitor the company's bank account and credit card statements to ensure that no unauthorized charges are being made. [/QUOTE]
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