Finance RIPS Flashcards

1
Q

Financal Roles

PLEGS

A

Profitability
Liquidity
Efficiency
Growth
Solvency

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2
Q

Financal Influences

SFGG

A

Sources of Finance (Ext and Int)
Financial Institutions
Government
Global Market Influence

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3
Q

Short-Term Debts

OFC

A

Overdraft
Factoring
Commercial Bills

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4
Q

Equity - Ordinary Shares

NRPS

A

New Issue
Rights Issue
Placement
Share Purchase Plan

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5
Q

Financial Institutions

FUBSAIL

A

Finance Companies
Unit Trust
Banks
Superannuation Funds
Australian Securities Exchange (ASX)
Investment Banks
Life Insurance Companies

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6
Q

Financial Processes

PIMCR LE

A

Planning
Implementing
Monitoring
Controlling
Ratios
Limitations of Financial Reports
Ethical Issues to Financial Reports

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7
Q

Planning and Implementing

RBCNR

A

Record Systems
Budgets
Financial Controls
Financial Needs
Financial Risks

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8
Q

Limitations of Financial Reports

DR CEN TINEA

A

Debt Repayments

Capitalised Earnings
Notes to Financial Statements

Timing Issues
Normalised Earnings
Asset Valuing

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9
Q

Financial Strategies

GP Will Catch

A

Global Financial Management
Profitability Management
Working Capital Management
Cash Flow Management

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10
Q

Cash Flow Management

DDF

A

Discount for Early Payments
Distribution of Payments
Factoring

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11
Q

Profitability Management

CR

A

Cost Controls - Cost Centers, Fixed and Variable, Expense Minimisation

Revenue Controls - Marketing Objectives

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12
Q

Working Capital Management

CCS

A

Control of Current Assets - Cash, Receivables, Inventories

Current Liabilities - Payables, Loans, Overdrafts

Strategies - Leasing, Sale and Lease back

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13
Q

Global Financial Management

HIDEM

A

Hedging
Interest Rates
Derivatives
Exchange Rates
Methods of International Payments

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14
Q

Methods of International Payments

People Like Chocolate Blocks

A

Payment in advance
Letter of credit
Clean payment
Bill of exchange

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