5.1 Flashcards

1
Q

Finance Function

A

referred to the finance department
usually found in larger businesses

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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

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3
Q

Financial Information

A

cost and revenues of a business
forecasts of the break even output
rate of return and profitability

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4
Q

Purpose of the Finance Function

A

only larger businesses will have a separate finance function

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