Paragraph 3
1. Financial management is closely related to accounting.
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2. In most firms both areas are the responsibility of the vice president of finance of the chief of finance officer.
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3. But accountant’s man function is to collect and present financial data
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4. Financial managers use financial statement prepared by accountants to make financial decisions
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5. Financial managers focus on cash flow and outflow of cash
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Paragraph 4
1. Finance is a central activity in every firm
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2. Financial managers have a complex and challenging job
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3. They analyze financial data prepared by accountants, and prepare and implement financial plans
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4.The chief financial officers (CFO) and their staff coordinate information from such areas as marketing and production to develop and carry out financial strategies
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5. In a small firm the finance function may be handled by either the accounting department or one or two people
Adverbial Subject Verb Complement
6. The finance department oversees day-to-day financial operations
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7. The key activities of the financial managers are financial planning, investment, and financing
Subject Verb Complement