1. BUS 401 Week 1 DQ 1 The Role of Financial Management in a Firm Summarize the role of management as it relates to finance in a corporation. In your post, address the following:  Indicate the various aspects of finance that management must understand.  Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency.  Describe why cash flow is more important than sales in a business.  Discuss what could happen if management does not fulfill responsibilities related to finance. If you have one, share a real world example from your own professional experience or from an external source. Check this A+ tutorial guideline at http://www.assignmentcloud.com/BUS-401-NEW/BUS-401- Week-1-DQ-1-The-Role-of-Financial-Management-in-a-Firm For more classes visit http://www.assignmentcloud.com