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Accounting for financial resources Managing costs and profits Managing cash flows Choosing among financial alternatives Accounting for Financial Resources Making sure costs are accurately tracked through the accounting system Ensuring that the construction accounting system is functioning properly. definitions & notes only words. The objective of this module is not to develop you into a business management expert, but rather to create an introductory awareness and understanding of the business organisation, with its primary business functions as a pivotal entity within the broader business environment system. 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Chapter 2 discusses how a structured decision making process can emphasize principles of resilience thinking. Henri Fayol's 14 Principles of Management Henri Fayol suggested the following 14 principles as the general principles management : Division of Work: This is the principle of specialization, which is very well expressed by economists as being a necessary factor for efficiency in the utilization of labor. 4 Runoff routing is primarily a space allocation problem. Protection Against Injury A major provision for safe housing construction is developing and implementing building codes. 1 An Overview of the Firm's Financial Statements 1) Which of the basic financial statements is best used to answer the questio. 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