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SCOPE OF FINANCE FUNCTIONS
The functions of Financial Manager can generally be sub-divided into two: The Routine functions and the Managerial Functions.Managerial Finance Functions:
Need skilful planning, control and execution of the financial activities. There are four significant managerial finance functions.
Routine functions:
For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and include a lot of paper work and time. In most situations these decisions are delegated to junior staff in the organization
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Identification the management risk: The first and most essential aspect of risk management is recognising what events may occur within a business. It is only when all the poss
Carr, C., Kolehmainen, K. and Mitchell, F. (2010) ‘Strategic investment decision-making practices: a contextual approach', Management Accounting Research, 21, 167-84. (a) What a
Cash flows from financing activities: Items included in this heading are: Cash receipts Cash payments Cash receipts from iss
Product Advantages: A firm that has developed a reputation for superior products in the domestic market may find acceptance from the foreign consumers as well. Hence, such firm
Discuss risk from the perspective of the Capital Asset Pricing Model (CAPM). The Capital Asset Pricing Model or CAPM be able to be used to compute the appropriate required rate
how do we compute for benefits can derrive out of using lockbox system?
Q. Importance of Inventory Management 1) Inventory helps in smooth and efficient running of business. 2) Inventory provide service to the customers immediately or at a short
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Does the shareholders' equity represent the savings a company has accumulated through the years? No. The number which shows in the Shareholder's Equity of a company that was fo
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