Finance functions, Finance Basics

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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.

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