Finance functions, Finance Basics

Finance Functions

The functions of Financial Manager can broadly be split into two:  The Managerial Functions and The Routine functions.

Managerial Finance Functions

  1. Investment of Long-term asset-mix decisions
  2. Financing decisions
  3. Division of earnings decision
  4. Liquidity decision

Routine functions

  1. Supervision of cash receipts and payments
  2. Safeguarding of cash balance
  3. Custody and safeguarding of important documents
  4. Record keeping and reporting.
Posted Date: 1/29/2013 12:49:50 AM | Location : United States

Related Discussions:- Finance functions, Assignment Help, Ask Question on Finance functions, Get Answer, Expert's Help, Finance functions Discussions

Write discussion on Finance functions
Your posts are moderated
Related Questions
State the Determinants of Return Three major determinants of the rate of return expected by investor are: (i) Time preference risk-free real rate. (ii) Expected rate o

WHat are the expected rates of reimbursement for this time frame for each player ?

Suggestion regarding Credit limit. Should it be approved or not, what should be the amount of credit limit that electronics give to Booth Plastics.

Management of Inventories Manufacturing firms contains three major kinds of inventories as: Work-in-progress Finished goods inventory Raw materials The firm

Rights of Ordinary Shareholders A. Right to vote Choose BOD Purchase/Sales of assets B. Influence decisions as: Right to residual ass

Write short notes on the following: a) Performance budgeting b) Zero base budgeting c) Factors affecting dividend decisions d) Accrual concept

Venture Capital Venture capital is a form of investment in new small risky enterprises utilized to get them started via specialists called venture capitalists. Venture capital

Objectives of Business Entity The Main objectives of a business entity are clarified in detail below. Any business firm would have specific objectives that it aims at achievin

1. Find the price of the following bonds. They are all risk-free, and the risk-free rate is 10%. (a) A fifteen-year zero coupon bond with face value $1,000. (b) A three year

Limitations of Credit Cards - Source of Finance Limitations of Credit Cards as a Source of Finance are as follow: i) These cards lead to overspending on the part of the hol