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A sound financial decision involves evaluating options based on their potential risks and benefits, aligning with one's long-term financial goals. It typically includes budgeting wisely, investing prudently, and avoiding unnecessary debt. Additionally, a sound decision is informed by thorough research and a clear understanding of one’s financial situation. Ultimately, it aims to enhance financial stability and growth over time.
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What is sound fincanical decision?
A sound financial decision is a decision in which benefits the person directly responsible for the decision and sometimes those indirectly involved. An example of a sound financial decision might be investing in a stock that does well.
Which of these reasons is most likely a sound financial decision for buying a new jacket?
You would like to keep warm.
Financial decision of household and corporation?
financial ecision of household and corporation
What role does the cost of capital play in the financial decision making of the firms top managers?
What role does the cost of capital play in the financial decision making
Explain why judging the efficiency of any financial decision requires the existence of a goal?
Explain why judging the efficiency of any financial decision requires the existence of a goal
What is sound fincanical decision?
A sound financial decision is a decision in which benefits the person directly responsible for the decision and sometimes those indirectly involved. An example of a sound financial decision might be investing in a stock that does well.
Which of these reasons is most likely a sound financial decision for buying a new jacket?
You would like to keep warm.
Manager who executed a legally sound decision?
Managers who executed a legally sound decision
What does economically sound means?
Economically sound basically means being smart about finances, or making a good financial decision. Economic= money, sound= smart. For example, "It may be economically sound for Amy to buy a new car, rather than keep putting money into repairs."
Meaning and importance of financial decision analysis and Terminologies related to financial decision analysis?
Your question is much too vague. "Financial decision analysis" is a general phrase that refers to a broad category of analyses and reports involved in financial decisions (of any kind).
Financial decision of household and corporation?
financial ecision of household and corporation
Which of these words has the long you sound financial reprimand cistern?
financial
What role does the cost of capital play in the financial decision making of the firms top managers?
What role does the cost of capital play in the financial decision making
Explain why judging the efficiency of any financial decision requires the existence of a goal?
Explain why judging the efficiency of any financial decision requires the existence of a goal
Discuss the relationship between financial and decision making and risk and return would all financial manageres view risk return tradeoffs similarly?
there is a direct relationship between financial decision making and risk and return. each financial decision made by the financial manager will have implication for the overall risk of the firm and its potential returns. All financial decisions are ultimately subjective in nature regardless of the amount of objective information collected as part of the decision making process. as a result, not all financial managers view risk return trade offs similarly. however it is expected they such decision making will be consistent with the goal of the investors that the financial manager represents. good luck......
What are the financial decision areas?
Modern approach of financial management provides a conceptual and analytical framework for financial decision making. According to this approach there are 4 major decision areas that confront the Finance Manager these are:- a) Investment Decisions; b) Financing Decisions; c) Dividend Decisions d) Financial Analysis, Planning and Control Decisions
How do the decision of the financial manager influence the production function of a firm?
being a rational decision maker
