IB Lecture 15 Accounting and Financial Management Flashcards

1
Q

finance professionals

A

predict the future and optimize choices accordingly

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2
Q

internal finances job

A

treasurer takes care of corporate finacne

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3
Q

external finance job

A

analyst/portfolio manager takes care of financial market issues

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4
Q

outlay

A

Vorleistung / initial investment

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5
Q

What can a financial statement be used to?

A
  • determine how much money can be distributed to shareholders
  • make management accountable
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