1
Q
Purpose of the finance function
A
Refers to the jobs that are done by a finance department in a business.
2
Q
why
A
Essential for decision making.
3
Q
Roles of the finance function
A
Calculating sales revenue and production costs
Calculating profit or loss:
Calculating the average rate of return (ARR):
Calculating the
break-even output needed to avoid a loss
Arranging finance
Managing payments and receipts of money
Forecasting cash flow:
4
Q
A
english
flashcards
Decks in class (33)
# Cards
-
inspector calls flashcards26
-
cold war flashcards4
-
citizenship5
-
medicine7
-
business15
-
business5
-
working with suppliers7
-
macbeth9
-
business growth13
-
finance function4
-
sources of finannce4
-
role of marketing4
-
marketing mix12
-
break even5
-
2.4 The marketing mix - price10
-
CASH AND CASH FLOW5
-
THE MARKETING MIX – Place15
-
ETHICAL AND ENVIRONMENTAL CONSIDERATIONS11
-
THE MARKETING MIX – PROMOTION22
-
THE ROLE OF HUMAN RESOURCES10
-
ORGANISATIONAL STRUCTURES AND DIFFERENT WAYS OF WORKING22
-
COMMUNICATION IN BUSINESS18
-
employment law28
-
PRODUCTION PROCESSES29
-
QUALITY OF GOODS AND SERVICES11
-
THE SALES PROCESS AND CUSTOMER SERVICE23
-
Consumer Law5
-
poetry revision15
-
BUSINESS LOCATION11
-
WORKING WITH SUPPLIERS15
-
rebellions against elizabeth4
-
Spanish armada5
-
business location11
