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Nedra O'Kon

Lvl 10
2y ago

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Related Questions

What are the basic financial decisions?

basic financial decisions are three type: 1. Financial Decisions, 2.Investment Decisions, 3.Dividend Decision.


Are personal financial decisions sufficiently important to warrant you studying the subject of finance?

Yes!


Why are financial accounting standards important?

These standards are important because external financial reporting can demonstrate financial accountability to the public. They are the basis for many legislative and regulatory decisions, as well as investment and credit policies.


What is the most important outcome of valued financial advisors?

Providing input that positively influences decisions


How to value money and make wise financial decisions?

To value money and make wise financial decisions, it is important to prioritize needs over wants, create a budget, save regularly, avoid unnecessary debt, invest wisely, and seek advice from financial experts when needed.


What is the purpose of accounting?

The purpose of accounting is to provide important financial information in order to make fast and precise decisions.


If you have no intention of becoming a financial manager why do you need to understand financial management?

If nothing else, a basic understanding of financial management goes a long way when making important decisions about your personal finances. By educating yourself, you become an educated consumer who will make decisions based on the actual factors involved and not what a salesman at a brokerage firm tells you.


What is the significance of the number 209.53 in the context of financial analysis?

The number 209.53 is significant in financial analysis as it may represent a specific value, such as a stock price, interest rate, or other financial metric that is being analyzed for investment decisions or performance evaluation. It is important to consider this number in the broader context of the financial data and trends to make informed decisions.


Where can I get financial advice to help me make informed decisions about my money?

You can get financial advice from a variety of sources, including financial advisors, banks, credit unions, and online resources such as personal finance websites and blogs. It's important to research and choose a reputable and qualified professional to help you make informed decisions about your money.


Why are financial records important for businesses and individuals?

Financial records are important for businesses and individuals because they provide a clear picture of their financial health, help in making informed decisions, track income and expenses, ensure compliance with tax laws, and enable better planning for the future.


What is the scope of financial objective of business organizations?

Financial objectives are created to guide managers with their financial decisions. By comparing their decisions to the financial goals of the organizations, the manager can determine whether they are on the right track.


Why is it important to carefully choose a financial advisor?

It is important to carefully choose a financial advisor because they can help you make important decisions about your money and investments. A good advisor can provide valuable guidance and expertise to help you reach your financial goals, while a bad advisor could lead you to make costly mistakes that could negatively impact your financial future.