1. What is financial management, and why is it important in business management?

2. What are the key differences between cash flow and profitability, and how do these concepts impact financial decision-making?

3. How do financial statements, such as balance sheets and income statements, help businesses manage their finances?

4. How can businesses use financial analysis techniques, such as ratio analysis and trend analysis, to evaluate their financial performance?

5. What are the components of a financial plan, and how can businesses use this plan to guide their financial decision-making?

6. What are the risks associated with financial decision-making, and how can businesses manage these risks?

7. What are the different sources of financing available to businesses, and how can businesses decide which source(s) to use?

8. What is the role of budgeting in financial management, and how can businesses use budgets effectively?

9. How can businesses use financial forecasting to plan for the future, and what data should they consider when making these forecasts?

10. How can businesses measure the return on investment (ROI) of their financial decisions, and what are the key factors that impact ROI?

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 1 Financial management is the process of managing and controlling a companys financial resources including capital investment cash manageme... View the full answer