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Financial objectives should be quantitative so that their achievement can be measured.

提问人:网友kangwenjiekk 发布时间:2022-01-07
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An supply chain is a supply chain in which all its elements share similar culture, work toward the same objectives, and benefit from financial gains.
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The definition of financial management is the management of the finances of an organisation in order to achieve the financial objectives of the organisation.
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第4题
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The success of the New Town approach lies in the fact that ______.

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C.promoters of New Towns will be encouraged

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第5题
Advantages of Balanced scorecard?

A、It looks at both internal and external matters.

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C、Financial and non-financial measures

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第6题
Which of the following statements are correct? 1 Maximising market share is an example of
a financial objective 2 Shareholder wealth maximisation is the primary financial objective for a company listed on a stock exchange 3 Financial objectives should be quantitative so that their achievement can be measured

A.1 and 2 only

B.1 and 3 only

C.2 and 3 only

D.1, 2 and 3

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第7题
(c) Discuss the ways in which budgets and the budgeting process can be used to motivate ma

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第8题
KLE Co’s management is concerned that a number of inefficiencies in the procurement system
may be having a negative financial impact on the company. As a result, they have requested the internal audit department to carry out a Value for Money audit focused on the company’s procurement practices. Which of the following best summarises the meaning of ’efficiency’ in the context of a Value for Money audit?

A、The lowest cost at which the appropriate quantity and quality of physical, human and financial resources can be achieved

B、Producing the required goods and services in the shortest time possible

C、The extent to which an activity is achieving its policy objectives

D、The relationship between goods and services produced and the resources used to produce them

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第9题
KLE Co’s management is concerned that a number of inefficiencies in the procurement system
may be having a negative financial impact on the company. As a result, they have requested the internal audit department to carry out a Value for Money audit focused on the company’s procurement practices.Which of the following best summarises the meaning of ’efficiency’ in the context of a Value for Money audit?

A.The lowest cost at which the appropriate quantity and quality of physical, human and financial resources can be achieved

B.Producing the required goods and services in the shortest time possible

C.The extent to which an activity is achieving its policy objectives

D.The relationship between goods and services produced and the resources used to produce them

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第10题
JJG Co is planning to raise $15 million of new finance for a major expansion of existing b
usiness and is considering a rights issue, a placing or an issue of bonds. The corporate objectives of JJG Co, as stated in its Annual Report, are to maximise the wealth of its shareholders and to achieve continuous growth in earnings per share. Recent financial information on JJG Co is as follows:

Required:

(a) Evaluate the financial performance of JJG Co, and analyse and discuss the extent to which the company has achieved its stated corporate objectives of:

(i) maximising the wealth of its shareholders;

(ii) achieving continuous growth in earnings per share.

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(b) If the new finance is raised via a rights issue at $7·50 per share and the major expansion of business has

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(ii) the earnings per share of the company; and

(iii) the debt/equity ratio. (6 marks)

(c) Analyse and discuss the relative merits of a rights issue, a placing and an issue of bonds as ways of raising the finance for the expansion. (7 marks)

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