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Objective of Finance

Updated: 4/28/2022
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14y ago

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To put the corporate money into the best place which can generate long term- profit of the corporation.

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14y ago
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What are the importance of business finance?

What is objective of business finance? Why finance is important for a business? purchase of asset income daily expenses taxation


What is function of finance manager?

The function of the finance manager is to identify and determine the finance resources and the best possible way to utilize the finances for the organisational objectives with the maximum rate of return of the finance resources utilized in the most effective and efficient way. He also formulates the future growth plans with the availability of finance and can apply leverage to the company finance by short term or long term plans.His objective is maximum profitability in the returns of the investments by the owners (equity holders) and well as long term growth of the organization.


Why is earning profit considered as one of the objective of business finance?

Well, every business finance anywhere in the world is guided by profit motivation. Without profit motivation, no business finance can be fruitful and the organisation is bound to be debarred from growth and natural expansion. In competetion scenario,no organisation can even survive without the goal of earning profit. The organisation is answerable to the share holders, as the later would not be foolish to retain shares in a loss making organisation.Since profit in business covers the cost of production and also create a surplus for undertaking expansion and diversification work and leads to the survival of business. Hence, it is considerd as one of the objective of business finance.


What are the objectives of a micro finance bank?

The main objective of micro finance banking is to provide loans to co-operatives formed by persons engaged in small and cottage industries. Since their outreach individually to a bank is not acceptable or unwelcome, micro finance banking can play a pivotal role here, in providing soft loans to the cooperatives consisting of poor and down trodden people engaged in making cottage and household items or in garment sector.


What are the categories of finance?

There are several different subcategories within the broader term of finance. These include personal finance, public finance, and corporate finance.

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What are the importance of business finance?

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How should i put Career objective for finance?

To obtain a meaningful and challenging position that enables me to learn the accounting field and allows for advancement


What is your career objective as a finance and accounts Manager?

Greatly interested in a commercially challenging career and having a great zeal in developing cutting edge solutions and serve the concern to the best of my potentials and aid the company in reaching its pinnacle of success.


What is function of finance manager?

The function of the finance manager is to identify and determine the finance resources and the best possible way to utilize the finances for the organisational objectives with the maximum rate of return of the finance resources utilized in the most effective and efficient way. He also formulates the future growth plans with the availability of finance and can apply leverage to the company finance by short term or long term plans.His objective is maximum profitability in the returns of the investments by the owners (equity holders) and well as long term growth of the organization.


Why is earning profit considered as one of the objective of business finance?

Well, every business finance anywhere in the world is guided by profit motivation. Without profit motivation, no business finance can be fruitful and the organisation is bound to be debarred from growth and natural expansion. In competetion scenario,no organisation can even survive without the goal of earning profit. The organisation is answerable to the share holders, as the later would not be foolish to retain shares in a loss making organisation.Since profit in business covers the cost of production and also create a surplus for undertaking expansion and diversification work and leads to the survival of business. Hence, it is considerd as one of the objective of business finance.


What is the Institute of Management Accountants' objective?

changes were made to reflect its broadened mission to disseminate the latest knowledge in accounting and finance to all those professionals employed in public and private companies


What is an objective clause?

An objective clause is a clause which is like a learning objective but this is the objective for an clause