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What is the role of the finance function within a large organisation?

The role and the purpose of the accounting function can be identified 'to ensure the business's transactions are recorded and processed completely accurately and securely, and that relevant information is given to management'.


What is the need of working capital management?

Working capital is an important asset of a commercial organization and to be successful, the organization (or rather its staff) should ensure that its use is optimized. This is important to ensure that the organization can function properly. If the organization is cash rich, the cash should be managed to ensure the best return, e.g utilizing methods like Dynamic Discounting. If the organization is in debt, to avoid excessive interest charges.


What are Significance of finance function in assuring corporate survival and growth?

The finance department analyzes business deals and projects to ensure they are profitable for the organization. In doing so, they are increasing the chances of the business surviving.


In the epay function how can you split payments?

In the epay function, you can split payments by specifying multiple recipient accounts and their respective amounts in the payment parameters. This is typically done by creating an array of payment details, where each entry includes the recipient's identifier and the amount they should receive. Ensure that the total amount of all splits does not exceed the original payment amount. Additionally, check the specific documentation for the epay function you are using, as the implementation may vary.


What are three function of an entrepreneur?

Organize the factors of production.Set the targets to be met.Monitor what is been done to ensure that the goals of the organization are met .Will monitor the trend of the market and apply strategies to beat competion. see Sources and related links below

Related Questions

What is happy capitalism?

The term "Happy Capitalism" was coined by Professor Arindam Chaudhuri; it means capitalism that espouses "Survival of the weakest" than one that espouses "Survival of the fittest". In other words, capitalism should focus on ensuring that the most disadvantaged sections of the society are provided the maximum resources to ensure that the inequalities that exist within the society are immediately reduced.


What does the social function of the law includes?

The social function of law includes maintaining order in society, resolving disputes, protecting individual rights and freedoms, and promoting social justice and equality. It serves as a mechanism to regulate behavior and ensure that citizens adhere to established norms and rules for the betterment of society.


What role does democratic structure play in society?

A democratic structure in a society will ensure that all citizens of that society have a role and say in the government. When a democratic structure is in place, all citizens of a society should have equal input in the way a country is run and who the elected leaders are. This way, the country and it's government are reflective of the society as a whole.


What role democratic structures play in society?

A democratic structure in a society will ensure that all citizens of that society have a role and say in the government. When a democratic structure is in place, all citizens of a society should have equal input in the way a country is run and who the elected leaders are. This way, the country and it's government are reflective of the society as a whole.


What is the purpose of the rule of law?

To ensure that a society stays together


Choose the best definition of laws.?

the means by which a government forbids certain deviant and illegal acts of its citizens


What is the primary function of government?

The primary function of the government of the Philippines is to determine and enforce laws to ensure the well-being of the country and its citizens. Its has an executive branch, a legislative branch, and a judicial branch for these purposes.


What is the primary function of the Phil government?

The primary function of the government of the Philippines is to determine and enforce laws to ensure the well-being of the country and its citizens. Its has an executive branch, a legislative branch, and a judicial branch for these purposes.


How laws help a country to function smoothly?

Laws provide structure and stability by setting boundaries for behavior, resolving conflicts, and protecting individual rights. By establishing rules and regulations, laws ensure that society operates in an orderly manner, promotes fairness, and upholds justice. Complying with laws fosters trust in the government and creates a safer and more predictable environment for citizens to live and work in.


What is the mission of the NAACP?

The NAACP aims to ensure that all citizens have equal rights. They want to end racial discrimination and educate the public about its negative effects on society.


What are the 4 pillars of democracy?

The four pillars of democracy are often identified as the executive branch, the legislative branch, the judicial branch, and the press or media. These pillars function to ensure a system of checks and balances, accountability, and transparency in a democratic society.


Was the bill of rights proposed in attempt to defeat the constitution?

No. It was proposed to cover the holes left in the Constitution, which resulted from changes in the society and politics since the first establishment of it.