BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Banking
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Finance
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Human Resources
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Operations
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Detailed explanation-1: -Accounting has multiple functions, such as Accounts Payable, Receivable, record-keeping, and cash flow. The Legal department is responsible for contracts, copyrights, and various negotiations on behalf of the company.
Detailed explanation-2: -management accountants monitor departmental budgets and current income from sales, prepare cash flow forecasts and specialise in analysing day-to-day financial information and keeping senior managers informed.
Detailed explanation-3: -Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.