BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Click all the roles of a Financial Manager
A
*Raising of Funds
B
*Allocation of Funds
C
*Profit Planning
D
Understanding Capital Markets
Explanation: 

Detailed explanation-1: -When securities are traded on stock market there involves a huge amount of risk involved. Therefore a financial manger understands and calculates the risk involved in this trading of shares and debentures. Its on the discretion of a financial manager as to how to distribute the profits.

Detailed explanation-2: -By definition, a financial manager is someone who oversees the financial health of an organisation and helps ensure financial sustainability. They supervise many important functions such as monitoring cash flow, managing expenses, producing accurate financial data, and strategising for profit.

Detailed explanation-3: -The financial manager’s responsibilities include financial planning, investing (spending money), and financing (raising money). Maximizing the value of the firm is the main goal of the financial manager, whose decisions often have long-term effects.

Detailed explanation-4: -The main motive of Financial Managers, Financial Market, and Investors exists to earn profit and maximize their returns. The Smart Investor takes the benefit of a Financial Manager to acquire advice on Beneficial Investment-related Products and thus Invests its Products in Financial Markets.

There is 1 question to complete.