
Overview of Financial Management
Flashcard
•
Business
•
University
•
Practice Problem
•
Easy
Accounting Dept KPM Bandar Penawar
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21 questions
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1.
FLASHCARD QUESTION
Front
What is financial management?
Back
Financial management is an area of financial decision-making that harmonizes individual motives and enterprise goals.
2.
FLASHCARD QUESTION
Front
What are the main responsibilities of financial managers?
Back
1. Prepare financial statements, business activity reports, and forecasts. 2. Monitor financial details to ensure legal requirements are met. 3. Review company financial reports and seek ways to reduce costs. 4. Analyze market trends to find opportunities for expansion. 5. Help management make financial decisions.
3.
FLASHCARD QUESTION
Front
What is the goal of a firm from a finance perspective?
Back
To maximize shareholders' wealth, which leads to higher dividends and increased share value.
4.
FLASHCARD QUESTION
Front
What are the types of financial markets?
Back
1. Primary market 2. Secondary market 3. Money market 4. Capital market 5. Physical asset market 6. Financial asset market 7. Spot market 8. Future market 9. Private market 10. Public market.
5.
FLASHCARD QUESTION
Front
What is the difference between the primary and secondary markets?
Back
The primary market is where financial instruments are first issued, while the secondary market is where these instruments are resold among investors.
6.
FLASHCARD QUESTION
Front
What is the money market?
Back
The money market is the sector of the financial market that includes financial instruments with a maturity date.
7.
FLASHCARD QUESTION
Front
What is the capital market?
Back
The capital market is the sector of the financial market where long-term financial instruments are issued.
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