AM 803001 Financial Decision Making
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The financial decision as per the course AM 803001 Financial Decision Making is a process which is responsible for all the decisions related with liabilities and stockholder's equity of the company as well as the issuance of bonds.
Following are the steps that are followed in financial decision making under course AM 803001 Financial Decision Making:
- Establish your goals.
- Evaluate your current financial position.
- Identify and evaluate the options for reaching your goals.
- Pick the best plan.
- Evaluate your plan periodically.
- Revise your plan as necessary.
Organizations or people face financial risk as per the course AM 803001 Financial Decision Making, when they make decisions that may affect their income or ability to pay a debt they have assumed.
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