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How do computers help businesses?
Managers in business use computers to help them make decisions. Based on data computers computer, managers can make quicker decisions for the business.
What business helps with budgeting your financial planning?
There are many businesses that may help with one's financial planning. It would be recommended to contact one's bank or financial planner to deal with these matters.
The sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
true
Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.
What is the difference between a financial manager and a financial analyst?
The difference between a financial manager and a financial analyst lies in their roles and responsibilities. A financial manager oversees the overall financial health of an organization, making high-level decisions about budgeting, financial planning, and strategy. In contrast, a financial analyst focuses on analyzing financial data, trends, and investment opportunities to provide insights and recommendations that help managers make informed decisions. While analysts provide the detailed information, managers use it to guide broader financial strategies. For more insights into financial management and related roles, visit PMTrainingSchool .Com (PM training).
