--%>
Assignment Help - homework help

How is finance associated to accounting and economics

How is finance associated to the disciplines of accounting and economics?

Financial management is basically a combination of accounting and economics. Firstly, financial managers employ accounting information such as balance sheets, income statements, and so on-to analyze, plan, and allocate financial resources for business firms. Secondly, financial managers use economic principles to guide them in making financial decisions which are in the best interest of the firm. In other terms, finance is applied area of economics which relies onto the accounting for input.

   Related Questions in Finance Basics

  • Q : Retiring an internally held debt and

    Normal 0 false false

  • Q : Explain the role of a dealer in the OTC

    Normal 0 false false

    		•
  • Q : Describe depreciation expense Describe

    Describe depreciation expense as it seems on the income statement.  Accounting depreciation is the allocation of asset's primary cost over time. Depreciation cost on an income statement is the amount of the asset=s initial cost allocated to

    		•
  • Q : Crowding out influence Normal 0 false

    Normal 0 false false

  • Q : Describe Section 1.50 Section 1.50 : It

    Section 1.50: It is a section of the Budget Act which A) Identifies a certain style and format for the codes employed in the Budget Act, B) Authorizes the Department of Finance

    		•
  • Q : Equilibrium level of aggregate

    Normal 0 false false

    		•
  • Q : Advantages and disadvantages of working

    Describe the advantages and disadvantages of the aggressive working capital financing approach? An aggressive working capital financing approach generally results in a lower cost of funds for a firm however a higher level of risk.

    		•
  • Q : What are A-pages A-pages : An ordinary

    A-pages: An ordinary reference to the Governor's Budget synopsis. The Budget highlights now contained in the Governor's Budget synopsis were just once contained in front of the Governor's Budget on pages A-1, A-2, and so on, and were,

    		•
  • Q : Define General Fund General Fund (GF):

    General Fund (GF): For lawful basis accounting and budgeting aims, the predominant fund for the financing state government programs, employed to account for revenues that are not particularly designated to be accounted for by another fund. The main so

    		•
  • Q : Define Legislature Legislature,

    Legislature, California: Two-house bodies of elected representatives vested with the accountability and power to make laws affecting the state (that is, except as limited by the veto power of the Governor).

    		•