BUS 401:Various aspects of finance that management must understandExplain the role of management in finance within a corporation. Discuss key aspects of financemanagement, including financial requirements, capitalization structure, source of finance,investment decisions, earnings management, and cash flow. Why is it important for managers tounderstand financial markets, risk, and efficiency? Additionally, explain why cash flow is morecritical than sales in a business and the potential consequences of failing to manage financeeffectively. (200-250 words)
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