Question

The managers of Comfort Clothing regularly compare actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary. The management of Comfort Clothing is exercising financial__________

Answer 1

Answer:

Control

Explanation:

The financial control is the correct measure which the management is exercising. This is that control in which the management on regular basis compare the actual profits with the desired or projected profits of the business. and if there is any deviations, the the management take feedback and uses the feedback to take or implement the corrective and right action to overcome deviation.