EBK CFIN
6th Edition
ISBN: 9781337671743
Author: BESLEY
Publisher: CENGAGE LEARNING - CONSIGNMENT
expand_more
expand_more
format_list_bulleted
Question
Chapter 1, Problem 2PROB
Summary Introduction
To determine: why people pursuing career in Business must be equipped with knowledge of Finance
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Please explain properly for better understanding
What is Finance? How is Finance different from Accounting? What are important basic points that should be learned to
pursue a career in finance?
What is finance, and why is it important to understand finance to run a successful business?
Why is it important for persons in marketing, accounting, production and other areas in the firm to understand finance?
Knowledge Booster
Similar questions
- How can a company expand itself out of business, and how can a finance management prevent this from happening?arrow_forwardIn the real world, what are the main challenges that a Finance Manager faces while tryingto run a business entity? Elaborate on the same.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_forward
- How are financial accountants pressured when they need to make ethical decisions in their work? Is having technical mastery of GAAP enough to practise financial accounting?arrow_forwardWhy is it important you possess at least a rudimentary understanding of accounting and being able to read financial statements, regardless of whether your profession is inside or outside of accounting/finance?arrow_forwardDiscuss the role of finance in business. What is the purpose of financial management? Describe the kinds of activities that financial management involves. What kind of tools do financial managers leverage to access and/or monitor the health and performance of a business?arrow_forward
- How could the presentation of financial information pose an ethical dilemma to a business professional who is attempting to meet the demands of users who are interested in similar information?arrow_forwardDiscuss the role of finance in business. What is the purpose of financial management?arrow_forwardWhy is financial planning an important business activity?arrow_forward
- 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 intermediariesarrow_forwardHow do emerging trends and research in accounting and finance influence financial professionals' strategic decisions, academic pursuits, professional development, and personal interests?arrow_forwardWhy is it important for entrepreneurs to know the principles of financial management?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Intermediate Accounting: Reporting And AnalysisAccountingISBN:9781337788281Author:James M. Wahlen, Jefferson P. Jones, Donald PagachPublisher:Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:Cengage Learning