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What is financial function in business organization?
financial functions of a business organization
How can a personal assistant help prevent money laundering within a business or organization?
A personal assistant can help prevent money laundering within a business or organization by being vigilant and monitoring financial transactions for any suspicious activity. They can also ensure that proper documentation and record-keeping procedures are followed to track the source and destination of funds, as well as report any unusual or large transactions to the appropriate authorities.
Discuss the Financial Management Function in organization?
F.m
Can I use a personal bank account for my nonprofit organization?
No, it is not recommended to use a personal bank account for a nonprofit organization. It is important to keep personal and organizational finances separate to maintain transparency and legal compliance. It is advisable to open a separate bank account specifically for the nonprofit organization.
What determines the degree of specialization within an organization?
The degree of specialization within an organization is determined by a division of the whole organizationâ??s work into different parts. The work is then assigned to the corresponding parts in the organization.
