Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Useful Information

Financial Accounting

1. Introduction to Accounting

Useful Information

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Multiple Choice

Which of the following is NOT a function of financial management?

Financing decisions

Production planning

Dividend decisions

Investment decisions

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Verified step by step guidance

Step 1: Understand the concept of financial management. Financial management involves planning, organizing, directing, and controlling financial activities such as procurement and utilization of funds. Its primary functions include financing decisions, investment decisions, and dividend decisions.

Step 2: Review the options provided in the question. The options are: Financing decisions, Production planning, Dividend decisions, and Investment decisions.

Step 3: Identify which option does not align with the core functions of financial management. Production planning is typically associated with operations management or manufacturing processes, not financial management.

Step 4: Compare the other options (Financing decisions, Dividend decisions, and Investment decisions) with the functions of financial management. These are all integral parts of financial management as they deal with how funds are raised, distributed, and invested.

Step 5: Conclude that Production planning is NOT a function of financial management because it pertains to operational and manufacturing activities rather than financial activities.