Learn 5 Characteristics of Finance with Finance Homework Help Online Australia.

Who does not wishes to acquire excellent grades in their class? But we live in a world of cut throat competition and in most cases; we don’t have an idea how to explain the answers. If you are a student of finance and are given assignments on various subtopics, you cannot explain the answers until your concept related to it is clear. One of the tough sections where most students face issue is features of finance.

Before we move forward with the explanation related to the features of finance, let’s understand its meaning.

Describing Finance

Description of finance is extremely simple. This is a field that studies and deals with investment. A simpler version to explain it is the management of valuables and money in such a way that on requirement it can be converted into liquid money or cash.

5 important features of finance
  1. Profitable opportunities
When considering about the essential goal of finance, profitable opportunities do occupy its place among the top 5 rank. It explains the fact that a company must know the procedure how to make use of the resources that are available to them. In addition to it, they must also know how to survive in this competitive market but also identify those opportunities that can help them gain profit.
  1. Opportunities related to investment
It is a known fact that an individual or an enterprise makes an investment so that they can earn profit from it. There are many ways to which investment is possible. Some of them are:
  • Acquisition of financial securities - They may be in the forms mutual funds, bonds, shares
  • Converting liquid money to physical assets
  1. Decision-making process for the future
Finance cannot be stated to be good or bad. The differentiation can be made only with the help of decisions taken for it. If returns on an investment turn to be good, it actually is an indicator of a good analytical decision. You also need to understand that the emphasis on such decisions is actually on the foundation of economic conditions and ability to analyze perspective related to present and future.
You will find explanations in addition to examples in trusted online homework help Australia websites.
  1. System maintaining internal control
Internal controls related to finance mainly lies on a company. These controls are actually framed set of regulations that are designed at the foundation or initiation of a company. However, you should also note this fact that internal controls are permanent, and so alternations are possible.
  1. Optimal Mix of Funds
Optimal fund mixing is a vital part of finance. Its main idea is to acquire unwavering and desired outcome. When explaining about this feature, you need to understand about the 2 types of funds.
  • Borrowed funds
These generally comprise of:
  1. Debentures
  2. Bank overdraft
  • Bank Loan
  • Owned funds
These generally comprise of:
  1. Equity share
  2. Promoter Contribution
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