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Who should you report to when there are problems you cannot resolve?
You should report to a higher member of staff to seek adivce or extra training. For example, shift manager, team leader, health and saftety manager if it is health and safety related, engineering manager if it is engineering related.
What is a notice to reader financial statement?
A notice to reader refers to the level of assurance the financial statements have undergone, which is none, thus the report must notify the financial statement users that the financial statements have not been reviewed (higher degree of assurance) or audited (highest degree of assurance).
Indicate the relationship between financial leverage and financial risk?
As the financial leverage increases, the breakeven point of the company increases. The company now has to sell more of its product (or service) in order to break even. As the financial leverage increases, the risk to banks and other lenders increases because of the higher probability of bankruptcy. As the financial leverage increases, the risk to stockholders increases because greater losses may be incurred if the company goes bankrupt. As the financial leverage increases, the risk to stockholders increases because the higher leverage will cause greater volatility in earnings and greater volatility in the stock price.
What is the difference between finance accounts?
The following is the distinction between Accounts & Finance: 1) Score keeping Vs Value Maximising: Accounting is concerned with score keeping, whereas finance is aimed at value maximising. The primary objective of accounting is to measure the performance of the firm, assess its financial condition, and determine the base for tax payment. The principal goal of financial management is to create shareholder value by investing in positive net present value projects and minimising the cost of financing. Of course, financial decision making require considerable inputs from accounting. An accountant's role is to provide consistently developed and easily interpreted data about the firm's past, present, and future operations. The financial manager uses these data, either in raw form or after certain adjustments and analyses, as an important input to the decision making process". 2) Accrual Method vs Cash Flow Method: The accountant prepares the accounting reports based on the accrual method which recognises revenues when the sale occurs (irrespective of whether the cash is realised immediately or not) and matches expenses to sales (irrespective of whether cash is paid or not). The focus of the finance manager, however, is on cash flows. He is concerned about the magnitude, timing, and risk of cash flows as these are the fundamental determinants of values. 3) Certainty vs Uncertainty: Accounting deals primarily with the past. It records what has happened. Hence it is relatively more objective and certain. Finance is concerned mainly with the future. It involves decision making under imprefect information and uncertainty. Hence it is characterised by a higher degree of subjectivity.
Why the investor need financial statement?
Investors are the people who are interested to invest their money in any company so they reruires the financial statements to assess that which company is potentially capable to provide them higher return and does company has the potentiall to return back their invested money.
Which post is Higher Deputy General Manager or Senior Manager?
Senior manager is higher from deputy general manager
Responsibilities of a general manager?
A General Manager is responsible for all areas of the organization. This manager oversees, plans, and delegates the tasks at a higher level than a regular manager.
Who is higher deputy or executive manager?
Executive Manager is higher
Is there any financial obligation benefit for group owner manager in Linked-In?
There is no financial obligation benefit for a group owner manager in LinkedIn. The only benefit that a group owner manger having the rights to access the group as a manager. Group owners have higher authority with the capability to control membership.
Is an administrator higher than a manager?
Yes,. An administrator is higher than a manager in most companies.
Who have higher pay a marketing manager or a finance manager?
Marketing Manager gets and enjoys higher commission and allowances while a finance manager gets only higher remuneration. When compared to each other, MM enjoys high than that of FM
Is Manager higher than Director?
No, A Director has more authority over a manager.
Is project manager higher than construction manager?
no. the construction manager is the oveall planner of all things while project manager is the professional of project management only.
Difference between a deputy manager and an assistant manager?
A deputy has the same power in absence of his higher rank e.g. Manager etc but assistant is lower in rank and assist his manager and don;t have the same power as his manager have.
What sure a financial manager do When calculating NPV for two projects of differing risk?
adjust the overall discount rate higher for the riskier project
Who is higher the director or the manager?
it is tha director !!
Is a supervisor higher than assistant manager?
no.
