Types of Financial Decisions – 4 Types: Financing Decision, Investment Decision, Dividend Decision and Working Capital Decisions.
What are financial instruments?
A financial instrument is a real or virtual document representing a legal agreement involving any kind of monetary value. Financial instruments may be divided into two types: cash instruments and derivative instruments.
What are the 6 basic financial statements?
The Financial Accounting Standards Board (FASB) has defined the following elements of financial statements of business enterprises: assets, liabilities, equity, revenues, expenses, gains, losses, investment by owners, distribution to owners, and comprehensive income.
What is a financial person called?Why is financial support important?
Achieving and maintaining financial well-being is important for families and individuals, as well as our entire region. Stronger families make for stronger communities. Stronger communities encourage stronger schools. Stronger schools lead to better prepared students, which leads to better prepared adults.
What is a SMART financial goal?
Start by making your financial goals “SMART” goals. SMART is an acronym for Specific, Measurable, Attainable, Realistic, and Time-related. In other words, financial goals should have a definite outcome and deadline and be within reach, based on your personal income and assets.
What does financial help mean?
Financial aid is money to help pay for college or career school. Grants, work-study, loans, and scholarships help make college or career school affordable. A variety of financial aid sources are available to help you pay for college or career school.
What is a financial person called?What is role of financial manager?
Financial managers generally oversee the financial health of an organization and help ensure its continued viability. They supervise important functions, such as monitoring cash flow, determining profitability, managing expenses and producing accurate financial information.
What’s another word for financially secure?
Learn about financial in this video:
Which is a financial statement?
There are four main financial statements. They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders’ equity. Balance sheets show what a company owns and what it owes at a fixed point in time.
What is a personal financial report?
What is a “personal financial report”? A statement of your personal financial status. What is “net worth”? The difference between your total assets and total liabilities.
Is bank a financial asset?
Cash, stocks, bonds, mutual funds, and bank deposits are all are examples of financial assets.