MANAGEMENT

BUISENESS MANAGEMENT

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: -As Finance Manager, your responsibilities will include overseeing end-to-end finance operations, financial planning and analysis, balance sheet reconciliations, looking to make improvements to procedures and controls, as well as ad-hoc projects and requests as and when they come up. ‘

Detailed explanation-3: -Financial management helps organisations to plan, organise, and govern financial activities to keep business moving and maintain healthy profits. A key role of financial managers is decision-making, which takes into account the business’ short-term and long-term goals.

Detailed explanation-4: -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.

There is 1 question to complete.