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The Value of Setting Financial Objectives
What are the financial objectives?
Revenue, cost and profit objectives
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Revenue, cost and profit objectives:
Revenue objectives are targets set for the amount of money coming into a business from
sales
in a set period of time
Cost objectives are
limits
set for the amount of money to be spent on
expenditure
in a set period of time
Profit objectives are targets set for the amount of
surplus
to be achieved in a set period of time