Emphasize the role of the financial manager and his or her responsibilities.

Q: Briefly explain the different between Financial Manager and Account Manager in firm?

A: There are three levels in company: Strategic level, business level and lower level. For managing…

Q: Differentiate financial accountant, management accountant and manager

A: Financial accountant, management account and manager are three types of employees in an…

Q: Employees need the financial analysis to know if

A: Financial analysis refers to the process of evaluating the business operations, performance and…

Q: Based on your understanding,compare and contrast the three major forms of business organization (in…

A: A business organization is comprised of three main activities or departments which helps in running…

Q: Describe the three primary areas of decision-making for the financial manage

A: Introduction Financial management is the effective acquisition, allocation, and use of business…

Q: True (t) or False (f) ______ Financial accounting is the process of identifying, measuring,…

A: The Statement is "True (t)".

Q: Suppose you are tasked to construct and evaluate complex financial statements, including those…

A: SASB standards are those standards which provide information in relation to the corporate…

Q: Describe financialhip management in terms of the three major decision area that confront the…

A: 3 important decisions are: Financing Decision Investment Decision Dividend Decision

Q: financial

A: Financial manager is a person holding a responsible position in the organization. The financial…

Q: Why is financial management important to an organization?

A: Financial Management: Financial management relates to the strategic preparation, organizing,…

Q: Distinguish between the terms'making investment choices' and'making financial decisions' as they…

A: Here is the answer :

Q: Differentiate Financial Reporting and Management Reporting. How are they related?

A: Financial report shows the financial results of the company which has already achieved. Management…

Q: Explain the three broad areas in which the Financial Manager must make decisions

A: Financial management refers to the efficient acquisition, allocation and usage of funds of the…

Q: Usage of mathematical tools to make important financial decision will come under _________________…

A: Financial managers sometimes have to make use of mathematical tools when making important financial…

Q: What goal should always motivate the action of a firm's financial manager

A: Key points 1. Financial managers and management should strive to survive, avoid financial distress…

Q: What are the skills and competence of an effective financial manager?

A: There are various skills that are required to become an effective financial manager some of the…

Q: Accountants role in the organization

A: An accountant can be anything from a simple bookkeeper to a strategic adviser, interpreting…

Q: What are the main decisions of the financial management? Explain one of them

A: Financial management is a vital activity of an organization which involves planning, organizing,…

Q: Explain the scope and enbironment of financial management

A: Finance is an indispensable part of any organization. Without finance it is difficult for every…

Q: Describe why financial management within an organization is such a difficult task and importance of…

A: Financial management (FM) means managing all the activities which are related to funds like…

Q: Explain the importance of using financial management for business decisions, and provide examples to…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: Describe Management’s Discussion and Analysis of Financial Condition and Results of Operations.

A: Comprehensive Annual Financial Report:   CAFR refers to the complete set of the financial reports…

Q: Briefly explain the overall objective of a financial manager.  Include in your response any one of…

A: The overall objective of a financial manager is: Profit maximization Wealth maximization Creating…

Q: Distinguish between the terms'making investment judgments' and'making financial decisions' as they…

A: Financial managers are those who are in charge of financial matters in their organizations. Taking…

Q: How is Operations Management relevant to your Major (Financial Management)?

A: Financial management refers to the procurement and allocation of funds in business enterprises. The…

Q: What is management's responsibility with respect to the financial statements?

A: Financial Statements: A financial statement is a complete record of the financial transactions that…

Q: Differentiate between business plan and business model?

A: A business plan is a composed depiction of things to come for a business in the future. It's a…

Q: how does the financial manager affect the firm's overall business strategies

A: The financial manager must examine both the short-term and long-term repercussions of the firm's…

Q: Describe  what the investment role involves for a financial mana

A: Role of financial managers are very important in relation to the achieving and maximizing the wealth…

Q: How do the various functional departments of an organization use financial planning (i.e. marketing,…

A: Financial planning can be defined as the process of evaluation of the current profitability,…

Q: Assess the objectives of financial management and the role of different stakeholders in the…

A: Financial management refers to the role which financial managers play in an organization with the…

Q: ther positions can you think of that are related to financial m

A: Introduction : In simple words, financial management relates to the operations with regard to…

Q: In relation to financial management, what have you learned so far?

A: Financial management is the practice of handling a company's finances in such a way it can be…

Q: Briefly tell us how you approach problems from a quantitative and qualitative perspective. (…

A: As a financial management intern I have to look into aspects of budgeting (making different types of…

Q: External user group, often referred to as financial intermediaries. What does these users provides?

A: Financial intermediaries: A financial Intermediary typically serves as a linkage between the person…

Q: Identify three fundamental concepts that affect financial decisions, and identify the primary…

A: Here is the Answer

Q: Describe the kinds of activities that financial management involves.

A: Financial Management is all about the management of the financial aspects of a business. Management…

Q: Describe the following stakeholders’ objectives and what a financial manager needs to be mindful of…

A: A stakeholder is someone who has a vested interest in a company and has the ability to affect or be…

Q: Financial Statements

A: Management reports are the reports that contain the data related to the performance of the company…

Q: What is Management Responsible for in regards to the Financial Statements?

A: The financial statements of a company are prepared at the end of an accounting year to calculate the…

Q: Explain why financial statements are important to managers and to outside parties

A: Financial statements are those statements that present a formal record of the various financial…