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What are the decisions taken by financial managers?
Decisions are not taken, they are made. Financial managers obviously make decisions about MONEY. Where to spend it and how much and why. Business owners are typically the financial manager of a company simply because they want to make money.
What is a mathematical tool financial managers use to assess the financial strengths and weaknesses of their firm?
ratio analysis
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.
Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.
The sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
true
What are the decisions taken by financial managers?
Decisions are not taken, they are made. Financial managers obviously make decisions about MONEY. Where to spend it and how much and why. Business owners are typically the financial manager of a company simply because they want to make money.
What utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions?
utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.
What is a mathematical tool financial managers use to assess the financial strengths and weaknesses of their firm?
ratio analysis
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.
What decisions pertain to financial management?
Many decisions pertaining to financial management include how much risk to take on, what projects will make the most money and what interest rates are acceptable for the business. Financial managers make most of these decisions with a team.
How cvp helps managers to take decisions?
Cost-Volume-Profit (CVP) analysis assists managers in understanding the relationship between costs, sales volume, and profit. By analyzing how changes in costs and volume affect profit, managers can make informed decisions regarding pricing strategies, product mix, and budgeting. Additionally, CVP provides insights into the break-even point, helping managers to assess the viability of products and make strategic choices to enhance profitability. Ultimately, this analysis enables more effective financial planning and risk management.
Decisions made by financial managers should primarily focus on increasing which one of the following?
total sales
What is the benefit of correlation and regression analysis in business decisions?
The benefit of using correlation and regression analysis in business decisions is that it allows you to weigh outcomes. This can help managers see if they should continue with their current model or make changes to it.
Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.
What are the factors that effect the budget resources allocation decisions of managers?
The internal objectives of a business; the regulations and legislation's that affect the market plans; world news and events; industrial analyst reports, financial analysis; establishing strategic goals, achieving them and attaining results. These are the factors that affect budget resources allocation decision of managers.
What approach do financial managers prefer future or present value?
Financial managers tend to prefer using the present value technique, because it's much easier to make decisions at time zero with present values than future values.
The sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
true
