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Also, by eliminating irrelevant costs from a decision, management is prevented from focusing on information that might otherwise incorrectly affect its decision.
As such, the finance manager should manage funds in such a manner as to maximize return on investment while minimizing risk , and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. The position is considered to be more senior than the financial analyst position.
IMA Website: [link] About the CMA Certification: [link] For nearly 50 years, the CMA® (Certified ManagementAccountant) certification has been the global benchmark for managementaccountants and financial professionals. Because CMAs can explain the "why" behind numbers, not just the "what." Margaret (01:08): Great.
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