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Finance Function
Finance Function
-The finance function in business is obtaining and utilizing monies required for optimal operations.
Finance is the heartbeat of a company; without it, operations would be disrupted. It is the source of funds
for every organization; it provides and obtains funds.
A. Cash Sales
B. Collection of Accounts Receivables.
C. Loans and Credits
D. Sales Assets
E. Ownership Contribution
F. Advances from Customers
4. What is Risk Management? What are the methods in dealing with risks?
The technique of applying processes, strategies, and instruments to manage these risks is known as risk
management. Risk management is concerned with detecting what could go wrong, assessing which risks
should be addressed, and putting in place measures to address those risks.