Chapter 1
The Role and Environment
of Managerial Finance
Learning Goals
1.
Define finance, its major areas and opportunities available in this field, and the legal forms of
business organization.
2.
Describe the managerial finance function and its...
More
Chapter 1
The Role and Environment
of Managerial Finance
Learning Goals
1.
Define finance, its major areas and opportunities available in this field, and the legal forms of
business organization.
2.
Describe the managerial finance function and its relationship to economics and accounting.
3.
Identify the primary activities of the financial manager.
4.
Explain the goal of the firm, corporate governance, the role of ethics, and the agency issue.
5.
Understand financial institutions and markets, and the role they play in managerial finance.
6.
Discuss business taxes and their importance in financial decisions.
True/False
1.
A financial analyst is responsible for maintaining and controlling the firm’s daily cash balances.
Frequently manages the firm’s short-term investments and coordinates short-term borrowing and
banking relationships.
Answer: FALSE
Level of Difficulty: 1
Learning Goal: 1
Topic: Career Opportunities
2.
Finance is concerned with the process institutions
Less
