5.1 Flashcards
1
Q
Finance Function
A
referred to the finance department
usually found in larger businesses
2
Q
influence of the finance function on business activity
A
sources of finance where businesses get money from
cash-flow records the inflow of money
revenue is the money that businesses receive from selling goods
3
Q
Financial Information
A
cost and revenues of a business
forecasts of the break even output
rate of return and profitability
4
Q
Purpose of the Finance Function
A
only larger businesses will have a separate finance function