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ACCOUNTANCY
ARUSHA
DEPARTMENT OF ACCOUNTING
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1
QUESTION ONE
Explain the relationship between the following disciplines of study:
A. Financial Management and Economics (2 Marks)
B. Financial Management and Mathematics (2 Marks)
QUESTION TWO
With vivid examples describe how Financial Managers can secure efficiency and effectiveness in
management of Financial Assets. (3 Marks)
QUESTION THREE
Explain the role of Time Value of Money in Financial Management. (3 Marks)
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