Reference no: EM133518593
Assignment:
Read Jones, Finkler, Kovner & Mose
For this assignment you may paraphrase from the book . please i need intext citation.. please it is needed for me to be able to study. (as indicated) & a reference list are required. need answers to this questions
1. What types of information are needed for budgets, and in what order is the information collected?
2. What is a capital expenditure, and why is a separate capital budget needed?
3. Is the financial stability of an organization ensured as long as it is making a profit? Explain.
4. What does "time value of money" mean?
5. What are the problems with the payback method?
6. What is the difference between revenues and cash receipts?
7. Why is cash flow important?
8. What are the key steps or elements in the preparation of a cash budget?
9. What is the role of an environmental statement?
10. What is the difference between general goals and objectives and specific measurable operating objectives?