BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Creditors
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Finance manager
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Employees
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Supplier
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Detailed explanation-1: -But the key function a financial manger performs in case of profitability is to decide whether to distribute all the profits to the shareholder or retain all the profits or distribute part of the profits to the shareholder and retain the other half in the business.
Detailed explanation-2: -The Financial Manager of a company must have the proper ability and training to address key financial management decisions. The main aspects of the financial decision-making process relate to investments, financing dividends and asset management.
Detailed explanation-3: -Financial managers generally oversee the financial health of an organization and help ensure its continued viability. They supervise important functions, such as monitoring cash flow, determining profitability, managing expenses and producing accurate financial information.
Detailed explanation-4: -The chief financial officer (CFO) is the highest-ranking finance professional in an organization and is responsible for the financial health of the business.
Detailed explanation-5: -There are three decisions that financial managers have to take: Investment Decision. Financing Decision and. Dividend Decision.