Textbook Notes (368,326)
Canada (161,799)
MGTA02H3 (363)
Chapter 10

Chapter 10 Notes

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Department
Management (MGT)
Course
MGTA02H3
Professor
Chris Bovaird
Semester
Winter

Description
April 24, 2011 4:10 PM Ch10: Financial Decisions TheRoleoftheFinancialManager Financial Managers: Those managers responsible for planning and overseeing the financial resources of a firm Finance (Corporate Finance) involves four responsibilities: 1. Determining a firms long-term investment 2. Obtaining funds to pay for those investments 3. Conducting the firms everyday financial activities 4. Helping to manage the risks that the firm takes Cash Flow Management: Managing the pattern in which cash flows into the firm in the form of revenue and out of the firm in the form of debt payments Financial Control: The process of checking actual performance against plans to ensure that the desired financial status is achieved Financial Planning:Adescription
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