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What are the three primary responsibilities of the finance manager?
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Who are the various participants in loan syndication?
There are three primary - Investor constituencies ; Banks ; Finance Companies : and Institutional Investors.....
Can I Return a new auto with in three days if i finance a loan for the auto?
No, The only way a vehicle can be returned to the dealership if it is explictitly written on the "we owe" paper, and signed by you and the finance manager. There is no 72 hour right of return clause on automobiles where I live. It is definitely a buyer beware market.
What are the three main decision areas in business finance?
The three main decision areas in business finance are:Investment decision,Financing decision and Dividend decision
What are the three pillars of finance?
The pillars of finance 1.Market Risk 2.Credit risk 3.Operational risk
What are the three functions of business finance?
Production Marketing Accounting
What are the three responsibilities of primary care manager of tricare?
1. provides or coordinates all healthcare 2. maintains patient health records 3. Arranges referrals to specialists if nessecary
What are the three primary functions that exist in most business organizations?
Operations, Marketing and finance
What are the three primary components of the Armys PR philosophy?
Soldier's Creed, directed responsibilities, and practical considerations.
Who are the various participants in loan syndication?
There are three primary - Investor constituencies ; Banks ; Finance Companies : and Institutional Investors.....
What are the three primary responsibilities of the skeletal system?
1. Framework, 2. Protection (skull, rib cage and pelvis) 3.blood cell production.
What are the three branches of the federal government and what are their primary responsibilities?
i can answer the 1st question the 3 branches of the government are 1) executive 2) legislative 3) judicial
When in the process of handling the stage what are the three major responsibilities of the stage manager?
The 3 major things that a Stage manager should worry about is...Making sure the communication between the actors are great.Making sure the stage is well managed.Making sure everything with the actors and stage Are okay.Now that is what a Stage manager should worry about.
Can I Return a new auto with in three days if i finance a loan for the auto?
No, The only way a vehicle can be returned to the dealership if it is explictitly written on the "we owe" paper, and signed by you and the finance manager. There is no 72 hour right of return clause on automobiles where I live. It is definitely a buyer beware market.
What are the responsibilities of voucher certification?
The three responsibilities are: 1. The Housing Authority's responsibilities 2. The Landlord's responsibilities, and 3. The Tenant's responsibilities This means that each of the three parties listed have their own responsibilities to carry out their respective obligations on the lease in order for housing assistance payments (HAP's) to continue
What degree qualifications would you need to apply for bank manager jobs?
In order to apply for a job as a bank manager, you would need a bachelor's degree in accounting, finance or a related field. Most companies would like to see three to seven plus year of experience.
What are the 3 responsibilities of voucher certification?
The three responsibilities are: 1. The Housing Authority's responsibilities 2. The Landlord's responsibilities, and 3. The Tenant's responsibilities This means that each of the three parties listed have their own responsibilities to carry out their respective obligations on the lease in order for housing assistance payments (HAP's) to continue
Role of financial manager in a modern enterprise?
The finance manager handles finance. The role of finance manager is pivotal. He can change the fortunes of the organisation with proper planning, monitoring and timely guidance. Equally, if the manager is not competent, even a profitable organisation may dwindle or even sink. The finance manger is, now, responsible in shaping the fortunes of the enterprise. The role of finance manager, in a modern business, is pervasive in all the activities of business firm, including production and marketing. It has been rightly said, money begets money. Business needs money to make more money. However, business can make money, when it is properly managed. The financial history is replete with stories how even the profitable organisations were wound up, when the management of finance had turned bad due to mismanagement of financial affairs. It is misunderstood, in some corners, that the role of finance manager is important only in private organisations. It is not so. His role is important, both in private and public sector. He has a positive role to play in every type of organisation. Even in non-profit making organisations, his role exists as long as there is involvement of funds. Influences Fortunes of Firm: The history of failures of organisations is interesting. Many firms have failed, not because of inefficiency of production, inability in marketing or nonavailability of funds but due to the absence of competent finance manager. In many public sector undertakings, in particular, state government undertakings, importance is given to the appointment of peons, more than adequately, but not to the appointment of competent professional manager in finance, even after lapse of several years. That is the real secret of numerous lossmaking organisations, in public sector! Over the years, the picture has been changing, but only after the real damage has already occurred in those public sector undertakings, due to the nonappointment of professional finance managers, at the time of formation of those undertakings.14 Financial Management In several public sector undertakings, the presence of competent finance manager is often found inconvenient. A finance manager can not play any significant role in the public sector, unless he is allowed to play. Exists Everywhere: The role of finance manager, in modern times, can be well said, universal and pervasive. Hardly, we find any activity, which does not involve finance. Even entertainment in a firm requires financial management due to financial implications. In modern business, no decision is taken without the consultation of finance. Even in recruitment, the presence of finance representative has been a normal feature manager. Only the level of finance representative changes, dependant upon the status of position for which recruitment is held. At times, people working in other departments feel that the finance manager has been interfering in all matters, unconnected to him. It is due to inadequate understanding of the role and expectations expected of him in modern business. The finance manager can, definitely, contribute to the overall development of the organisation provided he is competent and allowed to perform his functions, independently. In his new role, the finance manager must find answers for the following three questions, again in the words of Solomon: • How large should an enterprise be, and how fast should it grow? • How should the funds be raised? • In what form, should the firm hold its assets? To sum up, finance functions or decisions include the following important areas, where the finance manager has to contribute: • Investment decision or long term asset-mix decision • Finance decision or capital-mix decision • Liquidity decision or short-term asset mix decision • Dividend decision or profit allocation decision The main objective of all the above decisions is to increase the value of the shares, held by the equity shareholders. The finance manager has to strive for shareholders' wealth maximisation. While discharging the functions, the finance manager has to focus his attention on the following aspects to maximise the shareholders' wealth: 1. Procuring the funds as and when necessary, at the lowest cost, 2. Investing the funds in those assets, which are more profitable, and 3. Distributing the dividends to the shareholders to meet their expectations and facilitate expansion to achieve the long-term goals of organisation.
