EBK CFIN
6th Edition
ISBN: 9781337671743
Author: BESLEY
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 1, Problem 2PROB
Summary Introduction
To determine: why people pursuing career in Business must be equipped with knowledge of Finance
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what is the job of a financial intermediary*? What might happen if they fail to do their job?
*as part of your response, you should probably name the different types of financial intermediaries
Why Ethics matter in the financial investment industry and how to avoid ethical violence in finance
Why is it important for engineers and scientists to understand the viewpoints of financial accountants and financial managements ?
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- Define the role of a finance manager and how does it differ from accountant?arrow_forwardExplain how financial institutions serve the needs of consumers, small businesses, and corporations. In the event the needs are provided how can it impact the consumer services?arrow_forwardHow do emerging trends and research in accounting and finance influence financial professionals' strategic decisions, academic pursuits, professional development, and personal interests?arrow_forward
- Why do accountants have to be ethical in their duties and responsibilities?arrow_forwardWhy do taxpayers often have more than one alternative for structuring a business transaction?arrow_forwardWe tend to look up to financial managers on matters relating to money and finances. However, life can be ironic as when financial managers, though successful in their chosen career, seem to be struggling in their personal finances. Hence, the question, " How does the ability to manage personal finances make or break one's dream of becoming a successful financial manager?"arrow_forward
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