Topic 3: Finance Flashcards
1
Q
Role: Strategic role of Financial Mmgt
A
~null~
2
Q
Role: Objectives
A
- Profitability
- Growth
- Efficiency
- Liquidity
- ## Solvency
- Short term
- Long term
3
Q
Role: Interdependence
A
~null~
4
Q
Strategies: Cash flow mmgt
A
- Cash flow statements
- Distribution of Payments
- Factoring
- Discounts for early payments
5
Q
Strategies: Cash flow mmgt
A
- Cash flow statements
- Distribution of Payments
- Factoring
- Discounts for early payments
6
Q
Strategies: Working Capital mmgt
A
- Control of curr. assets
- Control of curr. liabilities
- Strategies
7
Q
Strategies: Profitability mmgt
A
- Cost controls
- Revenue controls
8
Q
Strategies: Global financial mmgt
A
- Exchange rates (USD:AUD/USD:JPY tether)
- Interest rates
- Methods of Intnl. payments
- Hedging
- Derivates
9
Q
Processes: Planning and Implementing
A
- Financial needs, budgets, record systems, financial risk, financial controls, debt+equity matching
10
Q
Processes: Monitoring and controlling
A
- Cash flow statement
- Income statement
- Balance sheet/statement
11
Q
Processes: Financial ratios
A
- Liquidity
- Gearing
- Profitability
- Efficiency
- Competitive ration analysis
12
Q
Processes: Lims. of financial reports
A
- Normalised earnings
- Capitalising expenses
- Inaccurate valuing of assets
- Timing issues
- Debt repayments
13
Q
Processes: Ethical issues related to financial reports
A
~null~
14
Q
Influences: Global Market influences
A
- Economic outlook
- Availability of funds
- Interest rates
15
Q
Influences: Financial institutions
A
- Banks
- Investment banks
- Finance companies
- Super annu. funds
- Life insurance companies
- Unit trusts (holds assets for the benefit of unit holders)
- Aus. Sec. Ex (ASX)
