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Because financial managers are responsible for giving funds to other departments like Marketing Department, Human Resource Departmet etc. and for the runing of the business.
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The financial management board fmb and the financial working group fwg implement a quarterly phased plan that allows the fma office to distribute funds to?
responsibility center managers, who in turn, distribute the funds to cost center managers.
What is the goal of managers?
To procure&utilisation of funds to a company
What is the second level of funds control used to control funds at the discretion of the OBAN managers?
FSR
Who is fund manager NTPC ipo?
Stocks and IPOs do not have fund managers. Only mutual funds have fund managers.
Which of these represent skills that managers need?
what skills do managers need
Who is responsible for maintaining a system of positive funds control?
Resource Managers/Fund Holders
What do portfolio managers do?
These finance professionals are responsible for investing large amounts of money. The portfolios they manage are often mutual funds, pension funds, trust funds, and funds for individuals who are investing very large amounts of money.
What is client funds?
Money managers who invest and manage other peoples money are investing their "client's funds" or money. From a bank's perspective, all the money that the bank's clients deposit in the bank are "client funds".
Definition of financial management by different author?
inancial management is the management of financial functions. Financial functions include begaimana obtain funds (raising of funds) and how to use these funds (allocation of funds). Financial managers are concerned with the determination of total assets worth of investments in various assets and choose the sources of funds to finance the asset. To obtain funds, financial managers can obtain it from within and outside the company. Sources from outside the company come from the capital market, may take the form of debt or equity capital.
Abbreviation of SAP FICO?
fi means finanicial co means controlling
Why are managers more important than staffs?
Managers are not more important than staffs. They are equally important as managers would need the staffs to meet the objectives of the organizations and staffs need managers for guidance and coordination.
Why is an Estimate at Completion so useful to Program Managers in assessing the contract completion costs?
Distributing funds to complete contract
