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Exam (elaborations)

Finance Skills for Managers - D076 / Revised Questions and Answers / 2024

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Which area of finance deals with sources of funding and the capital structure of corporations and seeks to increase the value of a firm to its owners? - Business finance What is the primary difference between finance and accounting? - Finance focuses on the future, while accounting is generally backward-looking. Which subspecialty of finance primarily involves deciding which assets will create more wealth and earn positive returns? - Investments What is the primary goal of the financial manager of a firm? - To maximize owner wealth

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Finance Skills for Managers - D076
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Finance Skills for Managers - D076

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