Question

Finance functions are
a) Planning for funds b) Raising of funds c) Allocation of resources
d) All of the above
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Answer 1

here is the answer

Finance fumctions are for

option d

Answer 2

Answer:

d) All of the above

Explanation:

Finance functions:

The finance department oversees a company's finances and aids in decision-making. Due to this, companies may operate in the current world. influencing factors for operations, finance, and business

There are four primary subfields of finance: corporate, public accounting, institutions, and banking. Financial markets and intermediaries are among the numerous topics covered by the courses in the finance major that provide students with a sound foundation. measuring investment risk and return.

Finance Activities Investment Choice. Allocating cash to long-term assets wisely is one of the most crucial finance tasks.

• Investment Decision. One of the most important finance functions is to intelligently allocate capital to long-term assets. ...
• Financial Decision. ...
• Dividend Decision. ...
• Liquidity Decision. ...
• Authorship/Referencing - About the Author(s)

Why is the finance function essential to a business?

The finance department must support organizational-wide choices, necessitating a deeper, more precise understanding of operations, customers, markets, and the external business environment.

In a firm, the functions used to obtain and manage financial resources in order to make a profit are referred to as the finance function. It generates pertinent financial resources and data that help other corporate operations, planning, and decision-making processes run more efficiently.

enough financial resources

In order to acquire long-term assets for the company's requirements, sufficient funds are required to cover everyday expenses. Additionally, cash should be available to deal with any potential future unplanned costs. The business should be aware of where the cash must be generated from and when they will be required in an emergency to handle the financial issue.

system for managing cash flow

In a company, managing surplus cash flow may become challenging. A bigger waste of resources is having extra money that isn't put to good, practical use. When a company has enough money, it should invest it properly in investments that will provide a decent return. Additionally, ensure that they have expansion strategies for the future and consider new business endeavors that will bring them significant earnings over the long term.

Always maintain long-term objectives

Having long-term objectives for your life or your business is crucial, and after you've set them, you have to complete your obligations in accordance with your plan in order to succeed. Financial planning is the process of implementing a suitable financial plan to achieve a company entity's financial objectives within a given time frame.

hence d) All of the above is the perfect answer to this question