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Finance and accounting determine financial viability within a health care organization because they are both linked to business finance. It relates because health care organizations need financing to help keep their doors open and the patients taken care of.

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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


Why are we interested in Cash flow rather than accounting profits in determining the value of assets?

We focus on cash flow rather than accounting profits when determining the value of assets because cash flow provides a clearer picture of a company's actual financial health and liquidity. Unlike accounting profits, which can be influenced by non-cash items like depreciation and accounting policies, cash flow reflects the real cash that a business generates and can use for operations, investments, and debt repayment. This makes cash flow a more reliable indicator of a company's ability to sustain and grow its value over time. Ultimately, investors and analysts prioritize cash flow for its direct impact on a firm's financial viability and potential returns.


What feasibility determines if the project is an acceptable financial risk?

The feasibility of a project as an acceptable financial risk is determined by several key factors, including its projected return on investment (ROI), cost-benefit analysis, and market viability. A thorough assessment of cash flow projections and funding requirements also plays a crucial role in evaluating financial sustainability. Additionally, sensitivity analysis helps identify potential risks and uncertainties that could impact financial outcomes, ensuring that the project aligns with the organization's risk tolerance and strategic goals.


Another name for capital budgeting decision?

Another name for capital budgeting decision is investment appraisal. This term refers to the process of evaluating potential investments or projects to determine their viability and impact on a company's financial performance. It involves analyzing expected cash flows, costs, and the overall return on investment to make informed decisions about long-term capital expenditures.


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.

Related Questions

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.


Why do financial analysts need accounting information?

Financial analysts need accounting information to assess a company's financial health, performance, and viability. This data helps them analyze trends, evaluate profitability, and make informed investment recommendations. Additionally, accounting information provides insights into cash flow, asset management, and overall operational efficiency, enabling analysts to develop accurate forecasts and risk assessments. Ultimately, this information is crucial for making sound financial decisions and strategies.


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.


What decisions does the break-even point help an organization make?

The break-even point helps an organization determine the minimum sales volume needed to cover costs, aiding in pricing strategies and cost management. It informs decisions about product viability, resource allocation, and investment opportunities. By understanding when they will start to generate profit, organizations can also set sales targets and evaluate the financial impact of changes in costs or pricing. Overall, it serves as a crucial tool for financial planning and risk assessment.


Is United Blue Ribbon Food Service Inc a viable stock today?

I don't have real-time financial data or stock analysis capabilities to assess the current viability of United Blue Ribbon Food Service Inc as a stock. To determine its viability, investors should consider factors such as recent financial performance, market trends, industry conditions, and analyst ratings. It's advisable to consult financial news sources or a financial advisor for the most up-to-date and comprehensive analysis.


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 capital recovery factor?

The capital recovery factor (CRF) is a financial metric used to determine the annual amount needed to recover an investment over a specified period, accounting for interest or discount rates. It is commonly applied in engineering economics and capital budgeting to evaluate the cost of projects or assets over their useful life. The CRF formula incorporates the interest rate and the number of periods, allowing businesses to assess the financial viability of investments by converting a lump sum into equal annual payments.


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


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 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.


What is non financial performance?

Non-financial performance refers to metrics and indicators that assess an organization's effectiveness and success beyond traditional financial measures. This can include factors such as customer satisfaction, employee engagement, environmental sustainability, and social responsibility. These indicators provide insights into the long-term health and viability of a business, highlighting areas for improvement that may not be immediately reflected in financial results. By focusing on non-financial performance, organizations can enhance their overall strategy and stakeholder value.