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What are the function of finance?

Updated: 2/4/2022
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Wiki User

7y ago

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Finance is part of business and industry. Finance entails having the funds to expand markets, pay off debts and managing internal affairs of a company or even a country. Finding the funds to finance objectives is what finance is all about. As a current example, the economy of the United States remains the largest one in the world. The debt of the United States is overwhelming. Yet the Congress has just authorized yet another raising of the debt ceiling.

Will the allowable debt ceiling be "unfinanced?" The answer is the debt will be financed, by the same methods that it always has been. The US Treasury Department will receive monies from the sale of Treasury securities and by raising taxes.

This is a debatable question. The debate revolves around the question of where will investors place their investment funds.

The choices other than US Bonds becomes limited.

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Irma Block

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2y ago
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15y ago

The five basic corporate finance functions are described as those functions related to; 1) raising capital to support company operations and investments (aka, financing functions); 2) selecting those projects based on risk and expected return that are the best use of a company's resources (aka, capital budgeting functions); 3) management of company cash flow and balancing the ratio of debt and equity financing to maximize company value (aka, financial management function); 4) developing a company governance structure to encourage ethical behavior and actions that serve the best interests of its stockholders (aka, corporate governance function); and 5) management of risk exposure to maintain optimum risk-return trade-off that maximizes shareholder value (aka, risk management function).

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Meghan Pricer

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3y ago

nate

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Meghan Pricer

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3y ago
tank so much

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Anonymous

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3y ago

What are the major function of finance

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