No matter the size,finance is a critical activity for:

Question

Quizplus · Accepted Answer

Finance is critical for both profit-seeking and non-profit organizations as both need to manage their resources effectively and efficiently to achieve their goals. Finance helps in decision-making, forecasting, budgeting, and managing cash flow for both types of organizations. Non-profit organizations also need to ensure transparent and accountable financial management to maintain public trust and secure funding. However, finance is not limited to accountants alone as financial managers also play a crucial role in overseeing and strategizing financial activities in an organization.

No Matter the Size,finance Is a Critical Activity For