discuss the role of a financial manager

Q: External user group, often referred to as financial intermediaries. What does they include in their…

A: A financial Intermediary typically serves as a linkage between the person who has the capital and…

Q: ors that should be considered when designing a management accounting system.

A: An accounting system is critical to the management of an organization's finances, allowing it to…

Q: Understanding the basic types of financial management decisions and the role of the financial…

A: Financial management involves planning, organizing, controlling and directing financial activities…

Q: Highlight the importance and duties of the financial manager.

A: Importance of financial manager are: Helpful in controlling as well as in the analysis of the…

Q: Define the role of a finance manager and how does it differ from accountant

A: A finance manager is responsible for managing the financial activities of an organization, such as…

Q: Describe financialhip management in terms of the three major decision area that confront the…

A: 3 important decisions are: Financing Decision Investment Decision Dividend Decision

Q: How do management accountants supportstrategic decisions?

A: Management Accounting: Management accounting is a branch of accounting that is aimed at providing…

Q: tinguishes investment management from financial managemen

A: Step 1   In any organization, financial management is a critical function. It is the process of…

Q: Identify three fundamental concepts that affectfinancial decisions, and describe the…

A: Three fundamental concepts that affect financial decisions : 1. Capital budgeting  Capital budgeting…

Q: Discuss the concept of first principal designs in the development of financial services

A: First-principles design in the development of financial services refers to an approach that breaks…

Q: What are the functions of Management Accounting? Explain

A: Management accounting is the one which helps the managers within the company to make decisions and…

Q: Define financial advisor.

A: A financial advisor gives monetary exhortation or direction to clients for pay. Monetary guides (now…

Q: What is the purpose of a financial management system?

A: Financial Management system A Financial management framework is the procedure and programming that…

Q: Explain the scope and enbironment of financial management

A: Finance is an indispensable part of any organization. Without finance it is difficult for every…

Q: What is sound financial management

A: Finance is referred as the study of the assets as well as funds. It intertwined but does not same…

Q: What is the main financial goal of managers in an organization? Explain.

A: Financial manager looks into financial matters of the organization. Company needs financial manager…

Q: how management accounting helps in decision making

A: Management accounting is a branch of accounting that focuses on providing financial information and…

Q: How is Operations Management relevant to your Major (Financial Management)?

A: Financial management refers to the procurement and allocation of funds in business enterprises. The…

Q: How do the various functional departments of an organization use financial planning (i.e. marketing,…

A: Financial planning can be defined as the process of evaluation of the current profitability,…

Q: What are the commonly accepted goal of financial management

A: In a nutshell, financial management means that if you save me today, I will save you tomorrow. In…

Q: Describe the kinds of activities that financial management involves.

A: Financial Management is all about the management of the financial aspects of a business. Management…

Q: What guidelines do management accountantsuse?

A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…