- 20 Marks
FM – NOV 2018 – L2 – Q1 – Introduction to Financial Management
Explains objectives of non-profit organizations, financial markets, and roles of a finance manager.
Question
a) Choosing a corporate objective of a firm is extremely important and has a determinant factor to the success or failure of a corporation in controlling the market.
Required:
Explain FOUR (4) objectives of not-for-profit organizations.
(4 marks)
b) Financial markets are the markets where individuals and organizations lend funds to other individuals and organizations.
Required:
Explain the following under financial markets:
i) Over the counter market (OTC)
ii) Dealers market
iii) Auction market
(6 marks)
c) Identify and explain FOUR (4) essential roles performed by a Finance Manager in order for a corporate body to achieve its objectives.
(10 marks)
Find Related Questions by Tags, levels, etc.
Report an error