Paragraph 3
3. But accountant’s man function is to collect and present financial data
Adv S V O
4. Financial managers use financial statement prepared by accountants to make financial decisions
S V O
5. Financial managers focus on cash flow and outflow of cash
S V O
Paragraph 4
1. Finance is a central activity in every firm
S V Adv
2. Financial managers have a complex and challenging job
S V O
3.They analyze financial data prepared by accountants, and prepare and implement financial plans
S V O
4.The chief financial officers (CFO) and their staff coordinate information from such areas as marketing
S V O
and production to develop and carry out financial strategies
O
5. In a small firm the finance function may be handled by either the accounting department or one or
Adv S V C
two people
C
6. The finance department oversees day-to-day financial operations
S V Adv O
7. The key activities of the financial managers are financial planning, investment, and financing
S V C
