What is a financial function?

Answer by  adam79 (35)

Financial functions are the resources that dictate the way financial decisions are made or handles within an institution. This may include people, software or policy. Often financial functions are written out in a algorithm, so that based on the situation that arises, the outcome will consistently follow the values set by the companies management.

Answer by  AnnaTeague (806)

Financial function keys are on newer calculators. They are an aid in making financial decisions because they will calculate interest, markup, before and after tax, percentages and other informative items.

Answer by  Ann89 (613)

It will ensure that you will understand the true value of money and investing. It will assist you to make wise choices when investing in assets. It is well worth the effort.

Answer by  hosneymaruf (182)

The financial function is the combination of people, technology, policies and processes by which a financial manager can identify the decisions, evaluate the decisions and choose the decision of a business organization. Sometime financial functions relies on individuals perform and sometimes it is highly automated which depends on the nature of the business.