Name: Aljen Mae Gasatan Strand: ABM2201

SHORT QUIZ
1. B. Retooling
2. A. Statement I is correct, statement II is incorrect
3. C. Rewarding
4. B. Statement I is incorrect, statement II is correct
5. D. Reviewing

1. Choose at least three (3) functions of finance, and in no more than five (5) sentences,
explain the relevance of each function to an enterprise.
 Planning and Evaluation, Financing Decision, and Investment Decision.
 Each function is important to a company because it helps us decide what our
contribution should be and how to achieve it, and evaluation allows us to
determine whether we had the intended influence, whether we contributed to the
desired change, and whether we met our goal. Second, financial decisions are
important in making wise decisions about when, where, and how a business
should acquire funds because a firm profits most when the market estimation of
an organization's share expands, which is not only a sign of development for the
firm but also increases investor wealth. Finally, there is the investment choice,
long-term investment decisions affect the company's earning capacity and growth
rate, these decisions will influence the company's future position. A sound
investing plan will result in a considerable inflow of cash. These are all important
in an enterprise as it will help and lead the enterprise to the correct path and to
make it grow bigger and successful.