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As a financial manager,;one's goalsfor the client is to help them dothe following EXCEPT: A. Build credit by encouraging them to acquire as many loan as possible so that the firm value or the total asset of the firm will increase.B. Identify investment opportunities and determine whether these are acceptable to their risk preference.C. Determine ways to reduce non-value adding costsD. Create budgets that would enable them to determine excess or inadequacy of cash.

Using this template, formulate and create a minimum of three SMART goals related to these aspects of personal financial planning. For each goal, also identify why this is an important financial goal for you at this time. Career planning and development     Spending plan/cash flow analysis     Tax planning     Savings and investing     Use of credit

Select all of the benefits of budgeting. Facilitates the coordination of activities within the business O Requires management to plan ahead and formalize goals O Motivates personal throughout the organization to meet planned objectives ns O Results in greater management awareness of the business's overall operations O Provides definite objectives for evaluating performance

What is your present understanding of the short-term versus long-term financial needs of an organization? What might be some short-term financial needs of an organization? What might be some long-term financial needs of an organization? Why might these different types of needs be important to an organization’s success and overall financial health?

Financial wellbeing is more than just having enough money to pay bills and meet basic needs. It also encompasses a sense of control over one’s finances, the ability to handle unexpected expenses, and the freedom to make choices that align with one’s values and goals without financial constraints. Financial well-being contributes to overall happiness and life satisfaction, provides a sense of peace of mind, and reduces stress and anxiety. One of the main issue of financial dilemma is debt. Discuss your view on debt - the pros and the cons and what is your stand.

you as the business manager need to be able to determine larger sources of funding by creating a financial plan to help reduce duplication of resources, identify requirements and risks, and determine various financing options, completing this planning is an important step for all businesses to take if they want to succeed. Larger companies may delegate this process to financial managers, finacial analysts or operations managers.

In pursuing its goals, an organization does all of the following except: Multiple Choice Engage in an organized set of activities. Acquire resources. Engage in management team activities to make the best use of resources and people. Hire personnel. Focus on reducing the budget.

Indicate whether the items below are used as key performance indicators for the areas  Average time from when clients enter and leave the bank *(A) Financial(B) Customer(C) Internal Process(D) Learning and Growth performance.

This week we have covered the topic of budgeting. Effective budgeting and responsibility accounting are crucial for organizations to achieve financial stability and success in today's dynamic business environment. Considering this, respond to ONE of the following four questions for your initial response. How does the concept of responsibility accounting contribute to organizational accountability? If you have experiences from previous jobs, you can share those. Otherwise, find examples from companies through internet research, or share your insight on why you think this may matter. What do you think are the key components of a successful budgeting process within an organization? Are there any specific challenges that organizations may commonly face when implementing a budget? How can organizations strike the right balance between budgetary control and flexibility to adapt to changing market conditions? What are some best practices for adjusting budgets when necessary while still…

Management accountants help the management of an organization in their planning function through ________.A. monitoring anti-theft systemsB. strategic planningC. evaluating costsD. analyzing profits

How can an auditor use the following topic in his future work?   Evaluate financial decision-making to ensure compliance with accounting standards, rules, and regulations. Apply Generally Accepted Accounting Principles (GAAP) to record financial information. Analyze financial statements to inform current business decision-making and draw conclusions about the financial health of a company. Recommend budget planning strategies based on the financial performance of a company.