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18 Cards in this Set
- Front
- Back
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is the study of money and assets coupled with the management and use of those assets to build wealth |
Finance |
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involve buying and selling of financial securities, analysis in making an investment and risk management |
Investing |
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are where the provides and users of funds interact with the help of financial intermediary |
Financial institution |
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concerned with raising , allocating and controlling the firm’s funds |
Financial management |
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Give the 3 areas of finance |
Financial institution Investing Financial management |
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Give the categories of finance |
Public finance Private finance Personal finance Business finance |
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is the management of funds and other valuable assets to be used in the conduct of business. It is concerned with the acquisition , allocation, and accumulation of funds. |
Business finance |
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deals primarily with the management of the finances of individuals and households. |
Personal finance |
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covers applications of finance other than public finance. It is divided as fallows:
Personal finance Nonprofit organization Business finance |
Private finance |
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concerned with the government revenues , and spending and their general effect on the economy. |
Public finance |
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The financial system has the best and most expedient mechanism for affecting payments to purchase goods and services through the checking accounts that commercil |
Payment function |
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With the different financial institutions and variety of makers within the system, the savings of different surplus spending units are flowed into investment because these markets are offering potential rate of return with relatively low risk |
Promote savings function |
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Consist pf the diversified financial activities being performed by the different economic units whose activities are so closely related to each other taking into account the use of money, credit and different instrument associated with money. |
Financial system |
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It is equally important to know that sound dividend policy is financial signal to the market that continually assesses the company . |
Dividend policy decision |
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The finance manager must be knowledgable enough to outsource the funds or finds ways to finance or fund the operations of the firm. |
Finance decision |
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the most important of the three distinct types of decisions when it comes to value of creation. |
Investment decision |
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play a vital role in the company. as cash flows into the company he?she think of ways to efficiently use it for the daily operation |
Finance manager |
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Give The role of finance |
Investment decision Financing decision Dividend policy decision |
