Question: Answer the following questions: Why should everyone have a basic understanding of finance regardless of their career? What are the responsibilities of the 'finance department'

Answer the following questions:

Why should everyone have a basic understanding of finance regardless of their career?

What are the responsibilities of the 'finance department' of an organization? How is this function different than 'accounting?'

What should be management's primary goal from a finance perspective? How is this goal accomplished?

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