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the various function done by finance department is:-
Budget preparation Budget administration Cost allocation Accounts Payable Payroll Fringe benefits Grants administration Monitoring service providers Technical assistance to service providers Contract administration
Wiki User
∙ 10y ago
Wiki User
∙ 10y agoTypically the function of a finance department involves the following duties:
A. Review the monthly ledgers of the Accounting Department;
B. Review the monthly reports from the Auditing Department;
C. Determine what funds are required for a "project" such as building a new parking lot;
D. Review the lines of credit of the companies banks; and
E. Inform senior management of the feasibility of the parking lot project or any other planned expenditures.
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What are the activities of the finance department?
what are the main activities involved in the finance department
What are the main functions of a finance department?
To handle the financial affairs of the companyThe Ministry of Finance is responsible for the financial functions and activities of the Board and management of financial policy of the Office.the various function done by finance department is:-Budget preparationBudget administrationCost allocationAccounts payablePayrollFringe benefitsGrants administrationMonitoring service providersTechnical assistance to service providersContract administrationBilling
What are the function of a finance department?
The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.
What are the functions of tesco's finance department?
To provide financial services to their customers
Functions of finance department in a bank?
to control the bank position financially
What are the activities of the finance department?
what are the main activities involved in the finance department
What are the main functions of a finance department in iPhone company?
There is no iPhone company. The iPhone is a product that is produced by Apple Incorporated. The finance department at Apple's function is to loan money to people who wish to buy Apple products.
What are the main functions of a finance department?
To handle the financial affairs of the companyThe Ministry of Finance is responsible for the financial functions and activities of the Board and management of financial policy of the Office.the various function done by finance department is:-Budget preparationBudget administrationCost allocationAccounts payablePayrollFringe benefitsGrants administrationMonitoring service providersTechnical assistance to service providersContract administrationBilling
What are the functions of department of finance?
To provide financial services to their customers
What are the function of a finance department?
The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.
What are the main functions of the Accounts department?
What are the main functions of the accounts office
What are the functions of tesco's finance department?
To provide financial services to their customers
Functions of finance department in a bank?
to control the bank position financially
Role of finance department in a company?
Functions of finance department are:Book keeping• Obtaining and managing finance•Budget control•Accounts Payable•Accounts receivable•Credit regulations and policies•Bills processing /Claim Processing
Functions of finance department in manufacturing?
The finance department in a manufacturing company is responsible for reviewing and analyzing financial information. This may include funding for the company, profit and loss statements, and employee payroll information.
Functions of cost department?
The functions of the cost department are quite diverse. The main functions include budgeting, bookkeeping, reconciliation of accounts, cost reviews and so much more.
What are the conflicts that arise between operations finance and marketing functions in an organization?
Most of the conflicts which arise between finance and marketing include budget allocations. The marketing department may have a good plan and a budget but the finance department will downplay the idea and allocate less money.
