Understanding Financial Objectives Definitions

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Financial Aims- the broad, general goals of the finance and accounting function or department within an organisation.

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Financial Objectives- the specific, focused targets of the finance and accounting function or department within an organisation

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Financial Strategies- long-term or medium-term plans, devised at senior management level, and designed to achieve the firm's financial objectives

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Financial Tactics- short-term financial measures adopted to meet the needs of a short-term threat or opportunity