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Why long term financial decision is crucial for management?

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Question added by Abid Ur Rahman abid , Lecturer , ECCMS Chitral
Date Posted: 2014/05/17
Karim Hussein, QIA, CMA, CFC, CertIFR, CertIA
by Karim Hussein, QIA, CMA, CFC, CertIFR, CertIA , Senior Manager - Internal Audit , Abyat

Long term financial decision is a crucial decision as it is considered a long term commitment that will directly affect the entities' plans for the future in fundamental decisions such as capital budgeting, non for trading investments, acquisitions of fixed assets, dividends policy, long term financing, capital injection, ..etc

Long term financial decision is a strategic decision that will affect the entity’s position in the future.

ahmed hussein naguib mahfouz naguib
by ahmed hussein naguib mahfouz naguib , موظف ترحيل طيران الدسبتش بالخطوط الجوية العربية السعودية , Saudi Arabian Airlines

Check financial management is crucial because it is based on the number of employees within the company will be based on the number Mozvém and competence, experience and accordingly decide the extent of their access to take advantage of them inside to work or not, and decide which of them deserves a promotion and progress in work or not, and there Ayda edit a through a number Mozevin Is gains to the company or not, and also profits Thakqik In this case, it will be crucial to the administration

Mubashir Shahzad
by Mubashir Shahzad , Oracle Functional Consultant/ERP Business Analyst , Jaffer Business System

because it derives the company's future.no planing results in failures and wrong desicions reached.

 

okba k
by okba k , Purchasing & Procurement Supervisor, Sarl OFMC , Hassi Messaoud, Ouargla, Algeria

Simply because all is based on money, but time will never wait, decisions should be made in time.

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