IB Lecture 15 Accounting and Financial Management Flashcards
1
Q
finance professionals
A
predict the future and optimize choices accordingly
2
Q
internal finances job
A
treasurer takes care of corporate finacne
3
Q
external finance job
A
analyst/portfolio manager takes care of financial market issues
4
Q
outlay
A
Vorleistung / initial investment
5
Q
What can a financial statement be used to?
A
- determine how much money can be distributed to shareholders
- make management accountable