Master in Business Administration
Assignment Cover Sheet
Full Name
Su Chan Myae Sint
Grade / Marks
Student ID
Email address
Suchanmyaesint227@gmail.com
Module Information
Module Name
Financial Management & Business Organization
Lecturer Name
Dr.Zar Ni Min
Assignment Title
Financial Management
Submission Due Date
24.8.2021
Submission Date
24.8.2021
Intake
2
Word Count
2687
Declaration
I testify that, unless otherwise acknowledged, the work submitted herein is entirely my own
without any plagiarism.
I declare that no part of this assignment has been written for me by any other person(s) except
where such collaboration has been authorized by the facilitator/ tutor concerned.
I authorized the University to test any work submitted by me, using text comparison software,
for instances of plagiarism. I understand this will involve the University or its contractors
copying my work and storing it on a database to be used in future to test work submitted by
others.
Student’s Signature: ……………………………Myae………………………………………
Date : ………………………24.8.2021……………………………………………
1. Financial management is that the art and science of managing a firm’s money to satisfy its
goals. All business selections have cash consequences. Managers’ departments ought to work
closely with cash personnel. Suppose that you simply square measure a sales representative.
Then the company’s credit and assortment policies will have a control on your ability to create
sales. Jointly the principle of the IT department will need to be compelled to make requests for
whole clean computer systems or employee laptops.
One of the financial managers’ duties is to trace but cash is flowing into and out of the firm.
They work with the firm’s various department managers to examine but out there funds square
measure aiming to be used and therefore the method long money is needed. Then they choose the
only sources to induce the specified funding.
To ensure that the company has enough cash to satisfy its obligations, a cash manager will track
everyday operational info like cash collections and disbursements. Cash managers focus on cash
flows, the inflows and outflows of cash. They prepare and monitor the firm’s cash flows to create
certain that money is out there once needed. Once associate degree quantity of some time, the
manager will completely study whether or not or not and once the company needs to open a
replacement manufacturing facility. The manager conjointly can suggest the foremost applicable
due to finance the project; raise the funds, so monitor the project’s implementation and operation
supported the information of the company before. Here square measure potential goals of
monetary management: