Financial Management

This function of financial management refers to the comparison of actual activities related to financial decisions with planned activities.

This financial statement lists the name of the creditors and the amounts to be paid by the company.

This tool of financial planning includes preparation of a projected income statement, projected balance sheet, projected fund flow statement, etc.

This function of financial management refers to the procurement of funds, utilisation of funds and distribution of funds.

This financial statement is a financial statement prepared yearly to find out the gross profit or gross loss of the firm.

This function of the financial management is used to refer to working capital investment and long term investment.

This financial statement is the most important financial statement of the company that shows its position of assets and liabilities on a particular date.

This accounting self evident statement implies that a business unit is separate and distinct from the person who owns or control the business.

This function of the financial management refers to study of financial health from different interested groups, such as management, employees, suppliers, etc.

This financial statement is a list of financial statements prepared monthly, quarterly annually to find out the balance of each account.

This financial concept provides a blend of financial services on the basis of fee/commission.

In this function of the financial management, a finance manager has to decide what percentage of profit he has to distribute as dividend among share holders.

In this accounting self evident statement, it is assumed that the business will exist for a long time and transactions are recorded on this basis.

This accounting activity attempts to summarise and present data in a predetermined format to various levels of management at regular intervals, for the purpose of evaluating performance.

This tool of the financial planning refers to planning of financial decision that means estimation of total fund requirement to run the concerned organisation.

In this accounting concept, assets are always recorded at acquisition cost or historical cost and that cost becomes the basis for all future accounting for the asset.

This financial concepts facilitates mobilisation of fund between buyer of the fund and seller of the fund with the help of associate financial intermediaries.

This accounting activity relates to the use of financial and cost data for the purpose of evaluating the performance of the business.

This accounting concept suggests that to find out the profitability, the expenses incurred to generate revenue are to be matched against that revenue.

This accounting concept suggests that incomes and expenses should be recognised as and when they are earned and incurred, irrespective of whether the money is received or paid.

This accounting concept is used to calculate future value of present receiving.

This function of the financial management provides long term effect, i.e. up to the life of the project and once taken, cannot be reversed.

This accounting activity is defined as the measurement and reporting of internal and external information concerning the impact of an entity and its activities on society.

This transaction is a business transaction where the payment or the receipt of money is postponed to a future date.

This accounting activity is the process of identifying and measuring data about people resources and communicating this information to interested parties for decision making.