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________ Is the Process of Forecasting Future Expenses and Savings

question 105

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________ is the process of forecasting future expenses and savings.


Definitions:

High-Impact Event

A significant occurrence that has a major influence or effect on an individual, group, organization, or system.

Organizational Crisis

A significant threat to operations that can have damaging consequences if not managed properly, requiring immediate and effective responses.

Inadequate Control

A situation in management or systems wherein the controls are insufficient to ensure the proper functioning, compliance, or quality standards, leading to risks and errors.

Idle Facilities

Assets or resources that are currently not in use or underutilized within an organization.

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