BENV - The Finance Function

4. The process of balancing bank accounts and identifying discrepancies.
9. Overtime, expenses, and other payments require this to ensure they are valid.
11. A system that connects different business activities, often electronic.
14. This business function organises the storage and distribution of goods.
17. Record of financial transactions in a business.

1. The process of safeguarding important data from corruption, compromise or loss.
2. Business reports that may be used by senior management for decision-making.
3. Business function that deals with finding, hiring, training, and supporting new employees.
5. Communication in finance must be complete, ______, timely, and concise.
6. Amount owed by individual customers are recorded in this account.
7. An organisation must meet these obligations to maintain solvency.
8. Business function that ensures efficient planning and routines to monitor financial health.
10. Statutory documents required by law from businesses.
12. The control account that tracks how much the company owes to suppliers.
13. Document prepared by finance to predict future financial performance.
15. The ability of a company to meet its long-term debts and other financial obligations.
16. The department that manages wages and salaries.