"The financial manager should have sound knowledge not only in finance but also well versed in other areas of activity", is a function of: a. Making investments b. Acquiring necessary capital c. Inter-relation with other departments d. Cash management
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"The
a.
Making investments
b.
Acquiring necessary capital
c.
Inter-relation with other departments
d.
Cash management
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- A financial executive can be seen as; a.an intermediary between the sources and uses of funds b.someone motivated by a firm's market share c.the owner of funds d.thinker about fundsWhich of the following statement is required for maintaining Inter-relation with other departments by finance manager? a.He must be well versed in the field of capital budgeting techniques to determine the effective utilization of investment b.He should have sound knowledge not only in finance related area but also well versed in other areas of activity c.He must concentrate to the principles of safety, liquidity and profitability while investing capital d.He is responsible to estimate the financial requirement of the business concern_____is that business activity which is concerned with the acquisition and conversion of capital funds in meeting financial needs and overall objectives of business enterprises a. Structured Finance Ob. Business Finance Oc. Legali Od. Sourcing
- Explain the significance of finance in a business organization and the implications of agency relationships in financial management.Describe the services and characteristics that are of prime importance to you in a financial institution.Usage of mathematical tools to make important financial decision will come under _________________ role of financial manager Tax Management Treasury operators Credit management Financial Engineering
- Finance managers in a corporation are responsible for THREE (3) main functions, namely the investment decisions, financing decisions as well as the cash management. These functions involve planning and forecasting of cash flows, control and coordination in order to ensure that resources are efficiently employed as well as dealings in the financial markets to raise capital. The decisions are made with the shareholder in mind which subscribes to the goal of the firm being shareholders’ wealth maximisation. Shareholders will agree that they are better off if management makes decisions that maximizes the value of their shares. However, delegation of authority for decision making from shareholders to managers creates the potential for agency problems which is ultimately detrimental to shareholders wealth. Justify favouring shareholders’ wealth maximisation over profit maximisation as the goal of a firm whilst accounting for the role of the firm in society. 2. Analyse the potential…Finance managers in a corporation are responsible for THREE (3) main functions, namely the investment decisions, financing decisions as well as the cash management. These functions involve planning and forecasting of cash flows, control and coordination in order to ensure that resources are efficiently employed as well as dealings in the financial markets to raise capital. The decisions are made with the shareholder in mind which subscribes to the goal of the firm being shareholders’ wealth maximisation. Shareholders will agree that they are better off if management makes decisions that maximizes the value of their shares. However, delegation of authority for decision making from shareholders to managers creates the potential for agency problems which is ultimately detrimental to shareholders wealth. a. Justify favouring shareholders’ wealth maximisation over profit maximisation as the goal of a firm whilst accounting for the role of the firm in society.b. Analyse the potential…Understanding the basic types of financial management decisions and the role of the financial manager.
- Financial management involves: a. managing accounts receivable in the short-run and financing long-term projects in the long-run. b. preparing external financial documents and verifying their accuracy to the public. c. optimizing inventory and selling owner equity in the short-run. d. planning for capital projects in the short-run and managing cash flow in the long-run.Financial management interacts with other departments of the firm and determines the future growth of the firm. Please discuss in short with some valid reasoning.Based on your understanding, expound the role of a financial manager in financing, investing, and operating decisions of a firm?