PAGE 56
1. What do all companies do in making money?
Answer : To make money they must first spend money.
2. What should be the chief source of funding?
Answer : Revenues from sales of the firm’s products should be the chief source funding.
3. What is a financial manager?
Answer : A financial manager is the one who keep track of how money is flowing into and out the firm.
4. What does a financial manager do?
Answer : They are the ones who decide how the available funds will be used, how much money is needed, and where to get it.
5. What is financial mangement?
Answer : Financial manager is the art and science of managing a firm’s money .
6. What is the main function of accountants?
Answer : The function is to collect and present financial data.
7. What is the basic of financial decision?
Answer : financial statement prepared by accountant
8. What is a financial manager job?
Answer : They analyze financial data prepared by accountants, prepare and implement financial plans.
9. What are the jobs of CFO?
Answer : The jobs of CFO is coordinate information from such areas as marketing and production to develop and carry out financial strategies.
10. Who perform financial functions in a small firm?
Answer : In a small firm, financial functions perform by either the accounting departement or one or two people.
11. What are the key activities of financial managers?
Answer : The key activities of financial managers are financial planning, insvestment, and financing.
12. What are budgets?
Answer :Budgets are a way to control expenses and compare the actual performance to the forecast.
Rabu, 06 Januari 2010
Langganan:
Posting Komentar (Atom)
0 komentar:
Posting Komentar