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Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

14 May 2024

Business English: "Budgeting Techniques" (Zero-based, Incremental, and Activity-based Budgeting)

- with French translation

Questions

1. What factors influence the choice of budgeting method? / Quels facteurs influencent le choix de la méthode de budgétisation ?

Sample answer
: Factors include the size and complexity of the organization, the stability of the operating environment, strategic objectives, available resources for the budgeting process, and the desired level of detail and accuracy. The chosen method should align with the organization's goals and operational needs.

2. How do you manage changes in budgeting priorities?
/ Comment gérez-vous les changements de priorités budgétaires ?

Sample answer
: Managing changes in budgeting priorities involves regularly reviewing our financial performance and strategic goals, adjusting budgets as necessary. Communication with department heads is key to understanding shifts in needs or objectives. Flexibility and a willingness to reallocate resources are essential for responding effectively to changes.

Language Levels

Language Levels

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