Teste1 - TIC

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The company’s finances include the economic relationships that occur in the process of formation and distribution the financial resources at the disposal of the enterprise for the purpose of obtaining the maximum profit. 2. Carracteristic of assurance function The assurance function represents the assurance of company with financial resources, timely and in the necessary quantity, from own capital and in case of insufficient from attracted sources. The capital cost is the main criteria that underlines the implementation of providing function. 3. The principles of organizing financial activity at the company I. Efficiency and rationality – this principle focuses on the rational behavior theory “homo economicus”, which considers profit as the enterpreneur’s strongest motivation. The investor must achieve a net final income higher than consumption of more goods and services than can currently purchase the invested amount. II. The principle of bringing together the necessary works or activities that resemble the same compartment – tracking and analysis work is organized within the organ of internal financial control currently total financial activities are combined subordinated to one person, but the division of work in the sectorsis maintained separated.