FIN 3704 – APPLIED FINANCIAL MANAGEMENT
QUESTIONS WITH CORECT ANSWERS
Resource-based view - ✔✔ What do the firm's resources offer?
Strategic Management of Healthcare - ✔✔ Hospitals need to take an RBV as healthcare is
unreliable and hard to expect
Financial Management - ✔✔ The job of managing a firm's resources to meet its goals and
objectives.
Risk Management - ✔✔ All efforts designed to preserve assets and earning power associated
with a business.
Methods of Financial Management - ✔✔ External Accounting - Balance Sheet (listed on stock
exchange), External document
Management Accounting
Budgeting
Performance Measurement
Tax management
Time Horizons - ✔✔ Medium and long term strategy
Accounting - ✔✔ Required by law for company's to do bookkeeping in a certain way
QUESTIONS WITH CORECT ANSWERS
Resource-based view - ✔✔ What do the firm's resources offer?
Strategic Management of Healthcare - ✔✔ Hospitals need to take an RBV as healthcare is
unreliable and hard to expect
Financial Management - ✔✔ The job of managing a firm's resources to meet its goals and
objectives.
Risk Management - ✔✔ All efforts designed to preserve assets and earning power associated
with a business.
Methods of Financial Management - ✔✔ External Accounting - Balance Sheet (listed on stock
exchange), External document
Management Accounting
Budgeting
Performance Measurement
Tax management
Time Horizons - ✔✔ Medium and long term strategy
Accounting - ✔✔ Required by law for company's to do bookkeeping in a certain way
