Part II Structure Flashcards
1
Q
The Financial Manager is responsible for
A
investment decisions, financing decisions, short term financial planning, accounting and audit function in firm, and ensuring the financial welfare of the firm.
2
Q
What are the financial markets?
A
Money Market: short-term debt
Capital Market: long-term debt and equity
3
Q
Primary Markets are
A
where securities are sold to investors, money raised goes to the issuing firm, IPOs are held, and seasoned offerings are held
4
Q
Secondary Markets are
A
where investors trade securities with each other, money that is raised goes to seller of securities, share prices are made
