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Functions of Treasurer:-
(1) Cash Management: - It comprises the managing of cash receipts and cash payments of the business.
(2) Banking Relations: - It comprises operating bank accounts, banking relations and managing deposits and withdrawals etc.
(3) Credit Management: - It comprises determining the credit worthiness of the customers and arrangement for collection of credit sales.
(4) Assets Management: - It comprises arrangement for the disposal, acquisition and insurance of various assets.
(5) Securities Management: - It includes the investment of surplus funds of the business.
(6) Protecting Funds as well as Securities: - It comprises custody of funds and securities.
A callable bond is similar to an Option-free bond with a call option from the bondholder. It can be thought of as the sale of a call option by the investor
Accounting : Many people believe financial management only relates to bookkeeping and the establishment of accounting reports which reflect those transactions in the books. Whi
Q. Show Financial Management Process? The financial management process begins with the financial planning and decisions. While implementing these decisions, the firm has to acq
Return on Investment (ROI) In accounting it is a measure of the earning power of an industries asset. A high return on investments is desirable. ROI is widely described as net
PEST analysis and its derivatives Such a process is required for an organisation to be continually aware of external factors within its general or industry en
Q. What are Sources of Finance? No details are specified concerning the nature of a business to comment on and hence only general recommendations can be made. Given that fixed
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