Question: What is a matrix?

Answer: A matrix is a rectangular array of numbers arranged in rows and columns that can
be used to represent linear transformations.

Question: What is human resource management?

Answer: Human Resource Management (HRM) involves recruiting, hiring, deploying, and
managing an organization's employees, as well as developing and implementing policies
related to human resources.

Question: What are direct costs?

Answer: Direct costs are expenses that can be directly attributed to the production of
specific goods or services, such as raw materials and labor.

Question: What is competitive advantage?

Answer: Competitive advantage is a condition that allows a company to produce goods or

services better or more cheaply than its rivals, leading to greater profit margins.

Question: What is financial leverage?

Answer: Financial leverage refers to the use of borrowed funds to increase the potential
return on investment, amplifying both gains and losses.

Question: What is the time value of money?

Answer: The time value of money is the concept that money available today is worth more
than the same amount in the future due to its potential earning capacity.

Question: What is Android?

Answer: It is an open-sourced operating system that is used primarily on mobile devices,
such as cell phones and tablets. It is a Linux kernel-based system that’s been equipped with
rich components that allows developers to create and run apps that can perform both basic
and advanced functions.

Question: What is the role of a financial manager?

Answer: A financial manager is responsible for managing the financial health of an

organization, including investment decisions, financial planning, and overseeing cash
management.