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Sagot :
Finance and accounting function has a great deal of interface with the operations function except finance and accounting can estimate standard cost of a proposed new product and services.
How does finance and operations work together?
Information from the finance department is crucial for a company's ongoing operations. On the other side, the operations division is in charge of monitoring how daily duties are carried out. The operations and finance departments may be combined in some organizations.
What is the role of finance in operation management?
In operations management, finance aids in the creation of a budget that enables the company to achieve its production objectives and can assist in the evaluation of alternative investment options to help the company make the best choice.
What is operation function?
Producing goods and providing services is the responsibility of the operation function. However, it requires help and input from other parts of the company. The paper's objective is to assess the key operations management functions based on global standards.
Learn more about operation function: https://brainly.com/question/8055230
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