Financial Awareness

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Nature Of Accounting

ACTIVITY 1: IMPORTANCE OF FINANCE

What are the benefits of understanding finance, please select the appropriate reply?

Helps managers in all divisions to do their job more effectively *

True

False

It is only useful to those who desire to invest *

True

False

Understanding in finance can produce tangible financial benefits *

True

False

Organisations operate in competitive markets and therefore it is important everyone is aware of the financial matters of the organisation *

True

False

Financial Awareness