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If you are about to make an on-site service call to a large financial organization is it appropriate to show up in shorts and a t-shirt?
Generally, large financial corporations are conservative institutions involved in the business of managing the assets of their clients and as such are obliged to project that image in everything that they do including their dress code. Therefore, being in business with such an institution or serving such an organization with IT support presupposes that you are part of the team trying to project an enabling environment condusive for the viability of the financial culture of the financial organization. As a result, it is reassuring if you look professional in appearance and in the competency of your tasks. S. W. Siefa
What is the importance of viability study?
A viability study is crucial as it assesses the feasibility and potential success of a project or business idea. It evaluates various factors, including financial, market, technical, and operational aspects, helping stakeholders make informed decisions. By identifying potential risks and challenges early on, a viability study can save time and resources, ensuring that investments are directed towards projects with the highest likelihood of success. Ultimately, it serves as a foundational tool for strategic planning and risk management.
What is automated financial analysis?
1. Financial Analysis refers to an assessment of the viability, stability and profitability of a business, sub-business or project.It is performed by professionals who prepare reports using ratios that make use of information taken from financial statements and other reports. These reports are usually presented to top management as one of their bases in making business decisions.2. Automation is the use of control systems such as computers to control processes, reducing the need for human intervention.SO, automated financial analysis is using computers with control systems (an expert system with rules) to analyze financial information.HOW DO YOU DO THIS? There is a program called ProfitCents that performs automated financial analysis. ProfitCents is a web-based application that allows users to input an income statement and balance sheet to generate a text write-up of the financial performance of a person, business, or non-profit organization.
What is a viability study?
A Viability study is an in depth investigation of the profitability of the business idea to be converted into a business enterprise. A viability study may contain feasibility-, recommendation- or Evaluation report. http://en.wikipedia.org/wiki/Viability_study
What is the factor in achieving viability?
The fetus attains viability at 22 weeks, when the brain is sufficiently mature to regulate basic body functions.
What is the most important financial metric to review to determine long-term financial viability?
Solvency ratios are the most important financial metric systems used to determine long term viability. These ratios analyze how long it will take to pay off obligations that are long term.
The accounting profit figure is simply a measure of the true profit of an organisation?
The accounting profit figure represents the difference between total revenues and explicit costs, such as wages, rent, and materials. However, it does not account for implicit costs, like opportunity costs or the value of foregone alternatives, which can provide a more comprehensive view of an organization's true profitability. Therefore, while accounting profit is a useful measure, it may not fully reflect the overall financial health or economic viability of a business. To assess true profit, one must also consider these implicit costs.
If you are about to make an on-site service call to a large financial organization is it appropriate to show up in shorts and a t-shirt?
Generally, large financial corporations are conservative institutions involved in the business of managing the assets of their clients and as such are obliged to project that image in everything that they do including their dress code. Therefore, being in business with such an institution or serving such an organization with IT support presupposes that you are part of the team trying to project an enabling environment condusive for the viability of the financial culture of the financial organization. As a result, it is reassuring if you look professional in appearance and in the competency of your tasks. S. W. Siefa
Differentiate between a Feasibility study and a viability study?
The difference between feasibility study and a viability study is in what they determine. Feasibility study looks at the practicability of the business while viability studies look at how well a business can stand risks and survive.
What is a good sentence for 'financial'?
One of the best ways to ensure the long-term financial viability of a company is to invest money in training and development of its employees.
What is the importance of accounting department in a company?
The purpose of accounting for a business is to have a record of the receipts and expenditures of it's daily activities. Also, accounting makes it available for the business owners to assess and analyze the business's performance. This will help the owner to decide what improvements they need to make, or what practices to keep doing in order to keep the company at it's successful place. In order to file for tax returns, apply for a loan to expand your business, or for certain legal purposes, accounting is necessary. Accounting for your small business is also important so you are able to assess your financial performance. The financial statements such as the balance sheet and cash flow statement show financial information that is important in the success of your business. The balance sheet shows how much your business is worth and what your assets are. The cash flow statement shows where the future cash needs of your business are. Without any of these financial statements your business would not be able to account for the revenues and profits made from day to day, which results in mistakes and inaccurate records. this information came from: http://ezinearticles.com/?The-Importance-of-Accounting-For-Small-Businesses&id=3138769
What are the three main decision-making types discussed in the article?
1. Investment Decision;the identification of various investment opportunity.project are selected after a critical evaluation of the viability of those project. 2. Financing decision;the financial manager are expected to identify various sources of finance and determine which source is best for the project. 3. Dividend policy decision;this is a decision to know how profit after tax is to be distributed to shareholders in such a way that the business of the organization is not interrupted and shareholders of course would not have single reason to regret their investment.
PROJECT FINANCE MODELING?
Project finance modeling is a specialized discipline within financial modeling that focuses on assessing the feasibility, risks, and financial viability of large-scale projects.
Statement of cash flows?
In financial accounting, a cash flow statement or statement of cash flows is a financial statement that shows a company's flow of cash. The money coming into the business is called cash inflow, and money going out from the business is called cash outflow. The statement shows how changes in balance sheet and income accounts affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities. As an analytical tool, the statement of cash flows is useful in determining the short-term viability of a company, particularly its ability to pay bills. International Accounting Standard 7 (IAS 7), is the International Accounting Standard that deals with cash flow statements. In financial accounting, a cash flow statement or statement of cash flows is a financial statement that shows a company's flow of cash. The money coming into the business is called cash inflow, and money going out from the business is called cash outflow. The statement shows how changes in balance sheet and income accounts affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities. As an analytical tool, the statement of cash flows is useful in determining the short-term viability of a company, particularly its ability to pay bills. International Accounting Standard 7 (IAS 7), is the International Accounting Standard that deals with cash flow statements.
What is the meaning of socio-economic study in feasibility study?
The meaning of socio-economic study in feasibility study refers to the financial viability of a given business establishment.
What are the objective of seed viability?
The objectives of seed viability testing are to determine the germination potential of seeds, assess seed quality, predict seedling emergence rates, and ensure successful crop establishment and production. Testing seed viability helps growers to make informed decisions about seed storage, planting rates, and seed treatment strategies.
How do you use viability in a sentence?
The viability of the new product was tested before we put it into general use.
