Question

Which of the following is an example of a project that belongs to the functional area...

Which of the following is an example of a project that belongs to the functional area of accounting and finance?

Select one:

a. Installing a revenue management system

b. Planning a firm's initial public offering

c. Annual performance and compensation review

d. Market research study

Business   Operations-Management   
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Answer #1

Answer- b. Planning a firm's initial public offering

Planning is crucial to a successful IPO. One book[18] suggests the following 7 advance planning steps:

  1. develop an impressive management and professional team
  2. grow the company's business with an eye to the public marketplace
  3. obtain audited financial statements using IPO-accepted accounting principles
  4. clean up the company's act
  5. establish antitakeover defences
  6. develop good corporate governance
  7. create insider bail-out opportunities and take advantage of IPO windows.
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