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| ====== Financial Resources ====== | ====== Financial Resources ====== | ||
| - | Financial resources are the set of liquid assets of an organizations, like cash money, liquid bank deposits and liquid financial investments. | + | Financial resources are the set of liquid assets of an organizations. Financial resources are: |
| + | * Cash | ||
| + | * Bank deposits | ||
| + | * Stocks | ||
| + | * Bonds | ||
| + | * Foreign currencies holdings | ||
| - | Financial resources are used to carry out the operations of a business and to make long term investments. Financial resources management should take into account the risk of a shortage of financial resources and it's consequences, and the opportunity cost of having a stock of financial resources. | + | Financial resources are used to carry out the operations of a business and to make long term investments. |
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| + | Financial resources management should take into account the risk of a shortage of financial resources and it's consequences, and the opportunity cost of having a stock of financial resources. The liquidity of the assets must be taken into account. | ||
| The sources of financial resources are mainly: | The sources of financial resources are mainly: | ||
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| ===== See also ===== | ===== See also ===== | ||
| [[Financial Planning]] | [[Financial Planning]] | ||
| - | [[Which of the following is a renewable resource?]] | + | |