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How is finance different from other departments?

Finance is the blood of the organisation & without proper arrangement in finance department no other department function properly. Thus finance is the base of any organisation to run the industry


How is finance relate to other departments?

Finance is related to other departments because these departments need various cash flows to operate. The research department usually incurs some costs in order to carry out surveys and focus groups.


Coordination of finance department with different departments of an organization.?

The finance department coordinates with other departments by providing financial data, analysis, and reports to support decision-making. They work closely with departments to set budgets, monitor expenses, and ensure compliance with financial policies and procedures. Effective communication and collaboration between the finance department and other departments are essential for the organization's financial success.


What government department is responsible for Ireland's national budget?

The officials and ministers at the department of Finance and the department of Public Expenditure and Reform, in conjunction with other ministers who try to keep their finances up in their departments. The Irish cabinet will make the final decisions at their meetings before the budget is launched by the Minister for Finance and the Minister for Public Expenditure and Reform.


The finance department should work independently without the input of other department because there may be significant biases when creating proformas?

False


In order to get a finance job where would one search?

Certain websites such as careerrookie.com and indeed.com offer a plethora of companies which may offer finance jobs. Other companies such as Merrill Lynch have a department which focuses on finance.


What are the objectives of an operation department?

An operations department typically attends to the administrative, logistical and other duties that are necessary for an organization's day-to-day functioning (operations). They're the people responsible for producing whatever it is that the other department sells (sales and marketing) or accounts for (finance).


What are the main functions of finance department?

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


What is the difference between relationship with and relationship to?

You have a relationship with a partner/significant other and you are in relationship to your various family members (ie mom, dad, aunt).


What are the various Departments of an organization?

Following are the main departments in any organization:L 1. Finance and accounts 2. Marketing and Sales 3. Human resource and administration 4. Technical / Operations Other departments depend on the size of the organization, like 1. Logistics 2. Procurement 3. Treasury department- sub dept of finance and accounts


What is the relationship between sales department and other departments?

if i would have known i could have written in my exam


What is the relationship between purchasing department and other functional departments in an organisation?

The purchasing department plays a crucial role in an organization by procuring goods and services needed by other functional departments. This department works closely with departments such as finance, operations, and inventory management to ensure that the organization's needs are met efficiently and cost-effectively. Effective communication and collaboration between the purchasing department and other functional departments are essential to streamline processes, manage costs, and maintain smooth operations.