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business finance > FUNDAMENTAL OF FINANCE AND FINANCIAL MANAGEMENT > Flashcards

FUNDAMENTAL OF FINANCE AND FINANCIAL MANAGEMENT Flashcards

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1
Q

Finance as a verb would mean

A

“to provide funding”

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2
Q

financial management covers the ff:

A

> Planning
Organizing
Leading
Controlling

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3
Q

It involves the actual handling of an organization’s funds, which covers operational, investments, and financial decision

A

Financial Management

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4
Q

2 Branches of Finance

A

Public Finance and Private Finance

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5
Q

covers management of public funds, national budget, and tools for fiscal policy such as government expenditure and taxation.

A

Public Finance

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6
Q

it is everything encompasses personal financial planning (budget)

A

Personal Finance

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7
Q

management of all the financial activities of an enterprise or a business organization

A

Corporate Finance (Business Finance)

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8
Q

-it provides the financial data that help internal users in making future-oriented decisions.

A

Managerial Accounting

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9
Q

keeps track of all the historical transactions of a business that will be used in preparing reports intended for use by external parties such as government agencies, investors and creditors.

A

Financial Accounting

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10
Q

involved in planning, contribute in identifying goals and objectives, setting targets, and establishing control measures in order to monitor performances.

A

Finance Manager

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11
Q

-generated by different departments.
-It is an effective communication tool across departments.

A

Financial Information

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12
Q

includes a detailed budget for different programs, is in some ways synonymous with measurable goal.

A

Overall Financial Plan

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13
Q

is an organization that handles financial transaction individuals, groups, and other organization – profit, nonprofit, private or government owned.

A

FINANCIAL INSTITUTIONS

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14
Q

financial institutions facilitate the flow of funds in the financial market through the buying and selling of financial securities.

A

FINANCIAL INSTITUTIONS

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15
Q

7 types of Financial Institutions

A
  1. Commercial Banks
  2. Savings and loan banks
  3. Credit unions
  4. Investment banks
  5. Insurance company
  6. Brokerage
  7. Investment companies
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16
Q

accept deposits from individuals and organizations that have excess funds and provide loans to those who want to borrow money.

A

Commercial Banks

17
Q

a financial agreement between a borrower and a lender.

A

residential mortgage

18
Q

are usually an offshoot of cooperatives.

A

Credit unions

19
Q

they perform the task of an intermediary which facilitates the transactions of individuals and institutions in investing

A

Investment banks

20
Q

provide individuals and organizations a way on how to manage risk.

A

Insurance company

21
Q

a financial institutions that earns through commissions.

A

Brokerage

22
Q

are corporations wherein individuals and other organizations invest in investment portfolios that are managed by professionals who keep track of market trends and the performance of different financial products or instruments.

A

Investment companies

23
Q

it is a document that signifies a legal or binding agreement between two parties.

A

FINANCIAL INSTRUMENTS

24
Q

7 COMMON FINANCIAL INSTRUMENTS

A
  1. Savings
  2. Loans
  3. Bonds
  4. Security
  5. Treasury bills
  6. Insurance products
  7. Mutual funds
25
Q

The fund manager creates an online account for each investor. Each account is protected by a password and only the investor or his or her authorized representative has access to the account.

A

Mutual funds

26
Q

is a loan granted to other organizations by individuals and organizations with excess funds.

A

bonds

27
Q

is a means for the buying and selling of stocks, bonds, and other financial instruments.

A

FINANCIAL MARKETS

28
Q

are, in essence, money loaned

A

Bonds

29
Q

are shares of a corporation sold to investors

A

Stocks

30
Q

a means where individuals and organizations who need funds find investors and lenders

A

financial market

31
Q

2 classifications of financial market

A

Money market
Capital markets

32
Q

transactions involving short –term debt securities take place. A short-term debt, is one that is due/ demandable within one year or less.

A

Money market

33
Q

transactions involving long-term debt securities, or those maturing in more than one year, take place.

A

Capital markets

34
Q

covers all new issues capital securities

A

->Primary market

35
Q

covers trade of previously issues securities

A

->Secondary market

36
Q

4 ROLE OF FINANCIAL INTERMEDIARIES MARKETS

A

Reduce costs, Diversification, Pooling of Funds, and Financial flexibility

37
Q

individuals, households, organizations and government agencies with surplus or excess money.

A

Suppliers of Funds

38
Q

individuals, households, organizations and government agencies who are in need of money for a variety of reasons- for personal use, to support family need, for expansion, and to support public programs or infrastructure projects, among others

A

Demanders of Funds

business finance (2 decks)

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