Question

Introduction to important Commercial department and their functions​

Answer 1

Answer:

Generally, the department takes charge of financial and administrative functions of the company. These include billing, revenue collection, procurement, expenditure management and control. Other functions include generation of management and financial reports both for internal and external users of information

Explanation:

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Answer 2

Explanation:

Gᴇɴᴇʀᴀʟʟʏ, ᴛʜᴇ ᴅᴇᴘᴀʀᴛᴍᴇɴᴛ ᴛᴀᴋᴇs ᴄʜᴀʀɢᴇ ᴏғ ғɪɴᴀɴᴄɪᴀʟ ᴀɴᴅ ᴀᴅᴍɪɴɪsᴛʀᴀᴛɪᴠᴇ ғᴜɴᴄᴛɪᴏɴs ᴏғ ᴛʜᴇ ᴄᴏᴍᴘᴀɴʏ. Tʜᴇsᴇ ɪɴᴄʟᴜᴅᴇ ʙɪʟʟɪɴɢ, ʀᴇᴠᴇɴᴜᴇ ᴄᴏʟʟᴇᴄᴛɪᴏɴ, ᴘʀᴏᴄᴜʀᴇᴍᴇɴᴛ, ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ᴀɴᴅ ᴄᴏɴᴛʀᴏʟ. Oᴛʜᴇʀ ғᴜɴᴄᴛɪᴏɴs ɪɴᴄʟᴜᴅᴇ ɢᴇɴᴇʀᴀᴛɪᴏɴ ᴏғ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ᴀɴᴅ ғɪɴᴀɴᴄɪᴀʟ ʀᴇᴘᴏʀᴛs ʙᴏᴛʜ ғᴏʀ ɪɴᴛᴇʀɴᴀʟ ᴀɴᴅ ᴇxᴛᴇʀɴᴀʟ ᴜsᴇʀs ᴏғ ɪɴғᴏʀᴍᴀᴛɪᴏɴ.

Gᴇɴᴇʀᴀʟʟʏ, ᴛʜᴇ ᴅᴇᴘᴀʀᴛᴍᴇɴᴛ ᴛᴀᴋᴇs ᴄʜᴀʀɢᴇ ᴏғ ғɪɴᴀɴᴄɪᴀʟ ᴀɴᴅ ᴀᴅᴍɪɴɪsᴛʀᴀᴛɪᴠᴇ ғᴜɴᴄᴛɪᴏɴs ᴏғ ᴛʜᴇ ᴄᴏᴍᴘᴀɴʏ. Tʜᴇsᴇ ɪɴᴄʟᴜᴅᴇ ʙɪʟʟɪɴɢ, ʀᴇᴠᴇɴᴜᴇ ᴄᴏʟʟᴇᴄᴛɪᴏɴ, ᴘʀᴏᴄᴜʀᴇᴍᴇɴᴛ, ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ᴀɴᴅ ᴄᴏɴᴛʀᴏʟ. Oᴛʜᴇʀ ғᴜɴᴄᴛɪᴏɴs ɪɴᴄʟᴜᴅᴇ ɢᴇɴᴇʀᴀᴛɪᴏɴ ᴏғ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ᴀɴᴅ ғɪɴᴀɴᴄɪᴀʟ ʀᴇᴘᴏʀᴛs ʙᴏᴛʜ ғᴏʀ ɪɴᴛᴇʀɴᴀʟ ᴀɴᴅ ᴇxᴛᴇʀɴᴀʟ ᴜsᴇʀs ᴏғ ɪɴғᴏʀᴍᴀᴛɪᴏɴ.

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