Managing and tracking finances and expenditures in a company
Not what you're looking for?
I need help showing different reasons that companies need to track their finances.
Purchase this Solution
Solution Summary
You will find the answer to this puzzling question inside...
Solution Preview
Explain the importance of managing finances in a company.
Managing finance functions is increasingly getting important in this era. Financial managers make the main decisions of allocating corporate budget to different departments and they have a say in the evaluation of various projects. They arrange short-term and long-term financing based upon the requirement of funds and they strive for the optimal utilization of these funds. Managing finance may require performing tasks unique to their organization or industry. For example in a government organization it requires ...
Education
- BSc, Dokuz Eylul University
- MBA, Texas A&M University-Kingsville
Recent Feedback
- "Thanks"
- "Thanks"
- "This is a great help...Thank you"
- "Thanks for the advice!"
- "Oh my gosh u are awesome... A++"
Purchase this Solution
Free BrainMass Quizzes
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Introduction to Finance
This quiz test introductory finance topics.