For an investment bank, back office refers to a department which directly generate revenue for the company. Select one: True False
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- For an investment bank, back office refers to a department which directly generate revenue for the company.
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True
False
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- For an investment bank, bank office refers to a department which directly generate revenue for the company. True / FalseWhich of the following statements are true? a. Screening projects of the company and determining whether they are profitable or not is part of the financial manager’s investing role. b. A financial manager emphasizes that one of the roles of their department is to transact in the financial markets. c. In an organizational chart, a financial manager who is concerned with determination of product cost and cost control function must be under the Treasurer’s Function. d. A financial manager who is tasked to assessment the company’s credit capacity. In an organizational chart, he must be under the controller.Which of the following is a function of corporate finance? Select one: a. Handling customer complaints. b. Production planning. c. Preparation of financial statements. d. Making investment and financing decisions.
- Explain the significance of finance in a business organization and the implications of agency relationships in financial management.A distinguishing characteristic of an investment center is that revenues are generated by selling and buying stocks and bonds. interest revenue is the major source of revenues. it is a responsibility center which only generates revenues. the profitability of the center is related to the funds invested in the center.What support does Finance teams need to give a customer-oriented company a. Link size of client to customer value b. Not interfere in any activity c. Pricing, taxation and collection data d. Pay salaries on time
- What is the purpose of financial accounting? a) To provide information for internal decision making b) To record and report financial transactions c) To analyze market trends and forecasts d) To manage the company's budgetWhich of the following is correct? a. The Controller is responsible in overseeing financial accounting, and cost accounting functions of the firm. b. Both the Controller and Treasurer reports directly to the company’s Chief Audit Officer. c. The firm’s Controller manages the firm’s cash and manages key risks. d. Capital budgeting process is under the controller’s responsibility since this process involves potential cash disbursementWhich function of a financial intermediary reduces transaction and information costs between a corporation and individual which may encourage a higher rate of savings? Select one: a. Administration of the payments mechanism b. Information production services. c. Money supply management. d. Asset transformation services. e. Brokerage services.
- . Describe what the investment role involves for a financial managerWhy is it important for persons in marketing, accounting, production and other areas in the firm to understand finance?Explain the best way for a finance manager to establish good relationship with the managers from other departments to ensure the financial status of the company is always within control.