Question

What does the finance function assist the corporate management in?

a.

Only External Reporting

b.

Only Tax Planning

c.

Formulation of strategic goals and attaining the goals through executing treasury and control functions of financial management

d.

Both External Reporting and Tax Planning

Posted under IC 89 Management Accounting

Answer: (c).Formulation of strategic goals and attaining the goals through executing treasury and control functions of financial management Explanation:The finance function assists the corporate management in the formulation of strategic goals and attaining the goals through executing treasury and control functions of financial management.

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Q. What does the finance function assist the corporate management in?
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