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Determine the steps for managing the funds
For managing the funds first thing you would need is information. Externalinformation has to be collected from environment and accounting provides internalinformation about firm's operations. Accounting can be described as an informationand measurement system which identifies, records and communicates relevant informationabout a company's economic activities to people to help them make better decisions. You will now agree that a company needs to manage its own funds efficiently however your question still remains "Why am I concerned with it?" Further arguing you would say that,"I am going to specialise in Information Technology/Marketing /Human Resource Management/Operations Management and there is no need for me to learn finance.Furthermore Finance is a separate function in my organisation (or the organisation which I amgoing to work for) and I am barely going to use finance to work in my respectivedepartment."
Operating segments An operating segment is a component of an organisation It engages in business activities from that it can earn revenues and incur expenses(this also c
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discuss the applicability of financial management in respect to poultry farming in uganda
What is Institutional Finance A nation's economic structure comprise a number offinancial institutions, like banks, pension funds, insurance companies, creditunions. These i
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