You have been appointed as the Financial Manager of Mamajoes Engineering. One of the main responsibility areas assigned to you is “Financial Planning and Analysis”. Perform some research and provide a brief explanation of the main components of this function. Remember to include your references in your answer.
Q.1.2 You have been appointed as the
the main responsibility areas assigned to you is “Financial Planning and Analysis”.
Perform some research and provide a brief explanation of the main components of
this function. Remember to include your references in your answer.
Q.1.3 With reference to applicable sources, briefly discuss the agency problem with relation
to the financial manager of a business. Remember to include your references in your
answer.
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Finance forecasting and financial forecasting contribute to a future-orientated prediction of expenses and sales and is used to make prospective decisions, as it seeks to define the different probable and expected approaches that will help assess the potential levels of growth and hazard that will be implemented for the business.
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