Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What do you signify by Organisation of Finance Function? Describe the functions of Financial Manager.
Ans. Organisation of Finance Function: - Organization of finance function signifies the division of functions relating to finance and to set up a sound and efficient organization for performing the finance functions. Since the financial decisions are extremely crucial for the survival as well as growth and development of the firm. The eventual responsibility of carrying out the finance function lies with the top management. Therefore a department to organize and carry out the financial activities is created under the direct control of the board of directors.
This department is lead by a financial manager.
Nevertheless the exact nature of the organization of the finance functions differs from firm to firm depending upon many factors such as:
(i) Size of the Firm
(ii) Nature of its Business
(iii) Kind of financing operations
(iv) Capabilities of firm are financial officers etc.
Cash management is about managing excess cash also. The response of management must depend on whether the surplus is large and how long it is likely to exist. If the balance is
Q. What is Risk mitigation and how it is monitored? 1. When managing risks, there are several risk strategy options to be considered. Risk may be avoided entirely, transferred
operating cycle in vegetable growing business in uganda..
An investor receives periodic interest payments at specified intervals till the date of holding or maturity. However, the holder of zero coupon
Why do investors invest the lion’s share of their funds in domestic securities? Answer: Investors invest greatly in their domestic securities since there are major barriers to in
6 KEY STAGES OF INVESTMENT DECISION WITH APPROPRIATE DIAGRAM
1. An investor is thinking of investing in a recurring deposit scheme that offers an interest rate of 12% per annum. The investment that he is planning is for the higher education
Dow Jones Global Index (DJGI) The DJGI aims to cover 95% of market capitalisation at country level. As with FTSE and MSCI, there are the same 23 developed markets, but with gre
Revenues Revenues are the gross income received before any deductions for discounts, expenses, returns, and so on. It is also called sales in most organization. A much less c
(a) A debt of $3600 with interest at 6% compounded semiannually is to be amortized by semiannual payments of $900 each, the rst due in 6 months, together with a nal partial payme
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd