Using your own words, identify and explain two (2) areas of a typical real estate business that would benefit from financial management policies (max 400 characters). Using your own words, identify and explain two (2) financial management procedures that could be implemented in a typical real estate business (max 400 characters).What would not be a typical example of a financial risk management procedure? Select one of the following 

A business credit card use procedure 

A staff leave/absence application procedure 

A petty cash authorisation procedure 

A payroll processing procedure