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SCOPE OF FINANCE FUNCTIONS
The functions of Financial Manager can generally be sub-divided into two: The Routine functions and the Managerial Functions.Managerial Finance Functions:
Need skilful planning, control and execution of the financial activities. There are four significant managerial finance functions.
Routine functions:
For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and include a lot of paper work and time. In most situations these decisions are delegated to junior staff in the organization
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Alpha and Beta Companies can borrow at the subsequent rates. Alpha Beta Moody's credit rating
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You deposit $500 today in a savings account that pays 3.5% interest, compounded annually. How much will your account be worth at the end of 25 years?
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Interest Rate Derivatives: India's first trading on interest rate derivatives began in the National Stock Exchange of India (NSE) in June 2003 with futures on 91-day treasury
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