GENERAL KNOWLEDGE

Detailed explanation-1: -Financial controllers are primarily responsible for providing accurate and timely company records by managing the accounting function. Duties include owning the financial close process and producing financial statements and reports to guide decision-making.

Detailed explanation-2: -The functions of financial management involve organising, planning, controlling and directing an organisation’s financial activities. It includes applying different management principles to financial assets.

Detailed explanation-3: -The finance function in business refers to the functions intended to acquire and manage financial resources to generate profit. It produces relevant financial resources and information contributing to the productivity of other business functions, planning, and decision-making activities.