0
Office of management and budget prepared a statement telling how the US government will distribute its financial resources over the next fiscal year?
Wiki User
∙ 9y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the definition of 'financial management'?
One of the three areas of the discipline of finance. It deals with the operation of the firm (both the investment decision and the financing decision) from the firm's point of view.ITs called financial mamagement or corporate finance
What is the relevance of management to accountants?
Management is the process of coordinating people and other resources to achieve the goals and objectives of the organization. Thus, management if relevant to accountants in that they must choose and coordinate all available resources to accomplish their objective. These resources would include, material, human, financial, and informational (including internal and external environment factors) resources.
What is the definition of management accounting given by IFAC?
the process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of financial information used by management to plan, evaluate, and control an organization and to assure appropriate use of and accountability for its resources. Management accounting also comprises the preparation of financial reports for non-management groups such as shareholders, creditors, regulatory agencies, and tax authorities
Characteristics of Human resource accounting?
Provide cost value information for building appropriate and effective management decisions on the subject of acquiring, allocating, developing and retaining human resources to achieve cost effective organizational objectives Monitor the utilization of human resources by the management successfully Analysis of the human assets Help in the development of management principles and accurate decision making for the future by categorizing financial outcomes of a variety of practices Facilitates evaluation of human resources recording the assessment in the books of financial credit and revelation of the information in the financial statement Helps the organization in decision making in Human Resource Management Is A Management Of An Individual, Human Resource Management Is A Continuous Process , Human Resource Management Is A Dynamic Function, Human Resource Management Is a Universal Function, Human Resource Management Is A Strategic Approach, Integration of Goals, Human Resource Management Is Future-oriented
Categories of business resources?
Business resources can be grouped into several categories. The most useful resources include financial resources, human resources, physical resources and intangible resources.
Which of these offices repares a statement as to how the US government will distribute its financial resources over the next fiscal year?
office management and budget
Which offices prepares a statement telling how the US government will distribute it's financial resources over the next fiscal year?
Office of Management and Budget
What office prepares a statement telling how the US government will distribute its financial resources over the next fiscal year?
office of management and budget
What is the difference between business management and finance management?
Financial management is the management of monetary resources in an organization. Business management is the management of all aspects of an organization, not only monetary resources but human resources, marketing etc.. as well.
Relationship management is a waste of financial resources Discuss?
Discuss the understanding by some authorities that relationship management is a waste of an organisation's resources.
What was the shift in the GAO's focus in the 1980s?
From the early 1980s, the GAO's focus centered on the development of financial and management systems. As a means of improving management of the government, resources were directed to improving internal control systems.
What is the definition of 'financial management'?
One of the three areas of the discipline of finance. It deals with the operation of the firm (both the investment decision and the financing decision) from the firm's point of view.ITs called financial mamagement or corporate finance
What is the goal if IT Financial Management?
The goal of IT Financial Management is to ensure that optimal use is made of the organization's financial resources and that this is achieved in compliance with the regulatory framework within which the IT service provider operates.
Define what is the meaning of national economy?
A nation's financial resources and its financial management, with a view towards its productivity. sidharth
How do Unions derive their power to negotiate effectively with management?
membership and financial resources
What the relationship between financial management and management?
Financial management and management are closely interconnected and interdependent within an organization. Financial management is a specialized function that focuses on the planning, organizing, controlling, and directing of financial resources to achieve the goals and objectives of an organization. On the other hand, management encompasses a broader set of activities that involve planning, organizing, coordinating, leading, and controlling resources (including financial resources) to achieve overall organizational objectives. Here are some key aspects of the relationship between financial management and management: Decision-Making: Financial management provides crucial financial information and analysis that supports managerial decision-making. It helps managers assess the financial implications of various options and make informed choices that align with the organization's goals and financial sustainability. Resource Allocation: Financial management plays a significant role in resource allocation within an organization. It involves determining how financial resources should be allocated across different departments, projects, or initiatives to optimize their utilization and achieve desired outcomes. This aligns with the broader management function of allocating resources effectively and efficiently. Performance Monitoring: Financial management provides tools and techniques to monitor and measure the financial performance of an organization. It involves analyzing financial statements, conducting financial ratio analysis, and preparing financial reports to assess the organization's financial health. This information aids management in evaluating the overall performance and making necessary adjustments to ensure financial stability and growth. Budgeting and Planning: Financial management involves the development and implementation of budgets, which are crucial management tools for planning, controlling, and monitoring organizational activities. Effective financial planning and budgeting help management set financial targets, allocate resources, and evaluate performance against established financial goals. Risk Management: Financial management plays a vital role in identifying, assessing, and managing financial risks within an organization. It involves evaluating potential risks related to investments, capital structure, liquidity, and financial markets. Management utilizes financial information to make risk-informed decisions and implement strategies to mitigate financial risks. Communication and Reporting: Financial management provides financial information to management, enabling effective communication and reporting. Financial reports, such as income statements, balance sheets, and cash flow statements, provide insights into the financial results and financial position of the organization. Management utilizes this information to communicate financial performance to stakeholders and make informed strategic decisions.
What is the guest model of human resources management?
financial outcomes in guest models of hrm
