What is the definition of financial management? |
Financial management is the process of managing money through budgeting, investing, and protecting assets. |
What is the difference between financial management and accounting? |
Financial management focuses on the use and management of money, while accounting focuses on the recording and reporting of financial transactions. |
What is the role of a financial manager? |
A financial manager is responsible for planning, organizing, and directing the financial activities of an organization. |
What is the purpose of financial analysis? |
Financial analysis is the process of examining an organization's financial statements and other information in order to make decisions about the organization's future. |
What is the difference between financial planning and financial management? |
Financial planning is the process of creating a plan to achieve long-term financial goals, while financial management is the process of managing money through budgeting, investing, and protecting assets. |
What is the difference between capital and debt financing? |
Capital financing is the process of raising funds through equity, while debt financing is the process of raising funds through loans. |
What is the purpose of a budget? |
A budget is a plan for managing an organization's finances by allocating resources to different activities. |
What is the difference between financial markets and capital markets? |
Financial markets are markets in which financial instruments are traded, while capital markets are markets in which long-term investments are made. |
What is the difference between a balance sheet and an income statement? |
A balance sheet is a financial statement that shows the assets, liabilities, and equity of an organization at a specific point in time, while an income statement is a financial statement that shows the revenues and expenses of an organization over a period of time. |
What is the difference between cash flow and profit? |
Cash flow is the measure of the money flowing in and out of an organization, while profit is the measure of the money earned by an organization after expenses have been paid. |