1. What are the main principles of Accounting? Explain each principle briefly. 2. What are financial statements? 3. Explain what is a cash flow. 4. List three (3) different communication processes or methods which could be used within a company. 5. What are the various reports which need to be lodged with the Australian Security and Investment Commission to meet compliance requirements and legislative responsibilities? 6. Explain what is meant by the following: a. COST OF CAPITAL b. CAPITAL STRUCTURE c. WORKING CAPITAL 7. What is meant by investing and finance decisions? 8. What is the goal of financial resource management? 9. Outline the key principles of finance that relate to most organisation’s operations. 10. What is meant by risk and return?

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