Please explain the following terms: 1. Risk management 2. Accounting Management
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Please explain the following terms:
1. Risk management
2. Accounting Management
Step by step
Solved in 3 steps
- Provide a brief definition or explanation of each of the following terms within the context offinancial business management, together with a comprehensive example. 1-The risk-return principle. 2-The current ratio. 3-Net profit margin.4- Cash flow statement of any company shows the net cash inflow and outflow during a period of time. Which of the following activities are considered while making cash flow statement? a. Cash flow from investing activities b. All of the options c. Cash flow from financing activities d. Cash flow from operating activitiesHow can the Asset and Liability Management Committee can proactively manage the liquidityrisk faced by the group
- H1. Account Newspaper headlines frequently highlight instances where business professionals are accused of engaging in unethical behavior. Are ethics important to the conduct of management accountants? Why or why not?Suppose you work for a well-known local restaurant, and a friend ofyours is an account representative for a supplier of restaurant equipment. You know the restaurant owner is considering upgradingsome of the kitchen equipment. Although you have no purchasingauthority, your friend has asked you to arrange a meeting with therestaurant owner. You have heard unflattering rumors about thissupplier’s customer service.1. Would you arrange the meeting between your friend andyour boss?2. Would you mention the customer service rumors either toyour friend or your boss?3. Would you try to influence the purchase decision in eitherdirectionBudgeting and the importance of an organization's financial health are critical elements to consider as part of your role as a public health manager. Question briefly define financial management skills 1. strategic problem solving 2. budgeting and connecting to the broader concepts of management effectiveness or efficiency
- Answer briefly for each questions. Thank you. 1. Differentiate General Annuity and General Ordinary Annuity? 2. What is a General Ordinary Annuity? 3. Express the process in finding the Present and future value of General ordinary annuity. 4. What is the formula in finding the Fair Market Value? 5. Express the process in finding the Fair Market Value.Write a note on “ Relationship between auditing and risk assessment” and cover both aspects of internal and external audit.5. Determine the Degree of Operating Leverage (DOL) of the company ?
- Practical Activity: Do a short research project on the types of funds that fallunder the auspice of the Pension Funds Act. Identify well-known retirement funds that fallwithin these categories and obtain information about their registration in terms of thePension Funds Act.The problem listed in the example situation are: There was no proper management in providing training and development of employees. Things were not properly communicated to shareholders and there was discussion of output. No proper management of the budget of the training and development. No proper research was done regarding what exactly needed to be taught to the employees and to which level of employees. The organization does not keep records of when events are due or attended for any except the most essential staff. The course content was boring, so there is a need to improve the quality of content and make it more interesting so that it becomes interesting and interactive for employees. The cost has never been a barrier because money is said to be freely available for development purposes. 1. Put the list in priority order, so that urgent business needs can be addressed first. 2. Consider how you might address the issues on your list.Does the Barings Board of Directors should be held accountable for the losses? Criticallyanalyse the performance of Barings’ board of directors?