Podcast
Questions and Answers
What is a short-term objective of financial management?
What is a short-term objective of financial management?
- Long-term strategic financial management
- Maintaining proper cash flow (correct)
- Capital budgeting
- Capital structure management
Who are financial managers (FM) specialized professionals directly reporting to?
Who are financial managers (FM) specialized professionals directly reporting to?
- Treasury management
- Corporate finance
- Senior management
- Financial director (FD) (correct)
What is the main objective of financial management?
What is the main objective of financial management?
- Maximizing profitability for stockholders (correct)
- Maximizing short-term working capital
- Minimizing fluctuations in foreign currency
- Minimizing expenses for the firm
What does long-term strategic financial management focus on?
What does long-term strategic financial management focus on?
What is the function of financial management often involved in besides day-to-day fund management?
What is the function of financial management often involved in besides day-to-day fund management?
Flashcards
Short-term objective of financial management?
Short-term objective of financial management?
Maintaining a stable cash flow.
Financial Manager's reporting line?
Financial Manager's reporting line?
Directly to the Financial Director.
Main objective of financial management?
Main objective of financial management?
Maximize profits for shareholders.
Long-term strategic focus?
Long-term strategic focus?
Signup and view all the flashcards
Beyond daily tasks, what else is involved in financial management?
Beyond daily tasks, what else is involved in financial management?
Signup and view all the flashcards
