Business Finance

Finance is considered as science because it's governed by facts and truths .

• True

• False

Finance is an art because financial statement is supported of reliable basis.

• True

• False

Connotes that financial activities of the business are properly coordinated with the whole structure.

• Structure

• System

• Process

It implies the efficient handling of available resources.

• Management

• Allocation

• Utilization

They are assigned in recruiting right the people for the right job.

• Operation and Production division

• General Administrative division

• Marketing division

• Finance division

The division uses past sales figures and expert projections to estimate which products will sell where and in what amounts.

• Operation and Production division

• General Administrative division

• Marketing division

• Finance division

Funds from operations are externally generated money.

• True

• False

In communication is enough to finance manager to be good in oral.

• True

• False

They are concerned in strengthening the employer-employee relationship.

• Operation and Production division

• General administrative division

• Marketing division

• Finance division

They checks whether public funds are properly sent.

• Public Finance

• Department of Budget and Management

• Fiscal administration

• Public finance or Fiscal administration