BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Check the box that define Financial Management.
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Financial Management means planning, organizing, directing and controlling the financial activities of the enterprise
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Finance management is concerned with a company’s cash management, in relation to the costs of producing or manufacturing the entity’s products or services.
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Financial Management is a unimportant activity in any organization.
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Financial analysis shows the “reality” of the situation of a business
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Explanation:
Detailed explanation-1: -Financial analysis is the process of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability. Typically, financial analysis is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to warrant a monetary investment.
Detailed explanation-2: -The balance sheet is a statement that shows a company’s financial position at a specific point in time. It provides a snapshot of its assets, liabilities, and owners’ equity.
Detailed explanation-3: -Horizontal, vertical, and ratio analysis are three techniques that analysts use when analyzing financial statements.
There is 1 question to complete.