Answered step by step
Verified Expert Solution
Question
1 Approved Answer
One of the most important functions in any company is finance manager. The position not just handling account but it goes far beyond that capacity.
- One of the most important functions in any company is finance manager. The position not just handling account but it goes far beyond that capacity. In fact, the finance manager is in charge of any financing and accounting function throughout the company.
Based on that statement above you were required to: -
- Explain TWO (2) roles of finance manager
(6 marks)
- Describe TWO (2) importance of finance manager
(6 marks)
- Explain rationale for selecting maximising shareholders wealth as the goal of the firm
(3 marks)
- Define the form of businesses:
- Sole proprietorship
(3 marks)
- Partnership
(3 marks)
- Company
(3 marks)
- State TWO (2) advantages and disadvantages of each form of businesses.
(6 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started