A Finance Manager Who Reads the Financial Review on a Regular

question 11

Multiple Choice

A finance manager who reads The Financial Review on a regular basis would be performing which role?

• A)monitor
• B)disseminator
• C)interpersonal
• D)figurehead
• E)evaluator

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Definitions:

Net Proceeds

The amount of money received from a sale after subtracting costs and expenses.

Commission

A fee paid to an agent or employee for transacting a sale or performing a service, often a percentage of the sale amount.

Consignment

The act of giving goods to another party to sell on your behalf, but retaining ownership until the goods are sold.

Gross Cost

Gross Cost refers to the total expense incurred before any deductions, such as discounts or rebates, providing a raw figure of the financial outlay for a purchase or project.