Fiscal management is forecasting expenses

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Reference no: EM131575663

One of the most challenging jobs of fiscal management is forecasting expenses and revenues that can take place. This holds true across higher education: institution, department, program, etc. Based on example or hypothesis, what are some experiences you have and examples of expenses and revenues that are most difficult to forecast? What impact did it have on the budget? Did you employ mechanisms to prevent this from happening again?

Reference no: EM131575663

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