T QUESTIONS ANSWERSFINANCIAL MANAGEMENT
What is Financial Management?
The procedure of managing the financial resources, as well as accounting and financialreporting, budgeting, collecting accounts receivable
, risk management, and insurance for
What is Profit Maximization?
economics, profit maximization
is the procedure by which a firm determines the
output level that returns the maximum
Who are Shareholders?
Shareholder is any
of one or more shares in a corporation. A shareholder
that they are a shareholder; this evidence is represented by a stock
Who are Stakeholder
Stakeholders are the particular
people or groups who have a stake, or an interest, in the
of the project. Usually stakeholders a
re from within the company, and could
include internal clients, management, employees, administrators... etc
The way in which a proposed purchaser intends to make up the difference between cashon hand and the purchase price.
What is Investment?
Money put in property or other project
with the hope of making a profit, with enoughsecurity to return and protect the capital; not speculation.
What is Capital budgeting?
The procedure of managing capital assets by means of a capital
budget. This may cover
an yearly or longer period.
Define Chief Financial Officer (CFO)?
The person liable for management of an organization's overall financial plans and
policies and the management of accounting practices. The job usually includes di
the treasury, budgeting, auditing, and tax accounting and purchasing real state.
Define Asset Management?
administration of investable (liquid) assets, aimed at achieving an