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Financial management includes the planning, organizing, directing as well as controlling of financial activities like procurement as well as utilization of funds of the business.
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Financial direction is managing the finances through knowledge base decision-making.
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For example, financial resources can be bank building loan, mortgage loans, debenture issues, in bondage issues, equity finance, etc.
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Financial management should analyze the sources before raising funds. 3. Managing working capital:- Working capital indicates to that part of company’s capital which is needed for financing short- term or current assets such as cash, receivables and inventories. Maintaining these assets to a proper level is very essential for the organization.
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Last Update: Oct 2021
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Comments
Jiles
25.10.2021 09:32
Helium is a widowman, has strong interfaith views and lives with his younger daughter, son-in-law and their kids.
There ar various operations that come under direction accounting such every bit decision-making planning, monitoring and controlling the financial budget.
Taira
28.10.2021 03:05
Business enterprise management unit, osfmd created date: 06/17/2015 00:38:00 title: business management assessment questionnaire subject: this text file serves as letter a tool to gathering information to measure financial management capability of executing and implementing agencies.
Answer : though financial direction and financial account are closely consanguineal, still they dissent in the discussion of funds and also with regards to decision - making.
Marciel
24.10.2021 05:28
Stylish this assignment, domestic as well every bit external operations of different multinational business firms such every bit apple, google, visa.
Fin303 financial management- suss assignment sample with the rapidly continual time, the businesses and organizations ar also promptly expanding while employing rising technologies.
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