1 Define financial management Explain the key difference between what financial management focused on in the past versus today 2 Differentiate between the role of the treasurer and the role of the controller 3 Why should operating managers be responsible for the finance function 4 What are the four financial objectives What do they mean 5 Comment on the importance of the return on revenue financial objective 6 Differentiate between internal financing and external financing 7 What are investing decisions and financing decisions 8 What is an operating decision Give some examples 9 What is gross profit 1 Define financial management Explain the key difference between what financial management focused on in the past versus today 2 Differentiate between the role of the treasurer and the role of the controller 3 Why should operating managers be responsible for the finance function 4 What are the four financial objectives What do they mean 5 Comment on the importance of the return on revenue financial objective 6 Differentiate between internal financing and external financing 7 What are investing decisions and financing decisions 8 What is an operating decision Give some examples 9 What is gross profit

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Question: 1. Define financial management. Explain the key difference between what financial management focused on in the past versus today. 2. Differentiate between the role of

1. Define financial management. Explain the key difference between what financial management focused on in the past versus today. 2. Differentiate between the role of the treasurer and the role of the controller. 3. Why should operating managers be responsible for the finance function? 4. What are the four financial objectives? What do they mean? 5. Comment on the importance of the "return on revenue" financial objective. 6. Differentiate between internal financing and external financing. 7. What are investing decisions and financing decisions? 8. What is an operating decision? Give some examples. 9. What is gross profit?

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