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What is Financial Management Overview and Principles about?

Financial Management encompasses planning, organizing, directing, and controlling financial activities, focusing on fund procurement and utilization. Its objectives include wealth maximization, profit maximization, ensuring liquidity, and efficient fund utilization, while its importance lies in financial planning, risk management, and organizational efficiency. The scope includes investment, financing, dividend decisions, and working capital management, with finance managers playing key roles in budgeting,

Author

yogeshburute200

Language

EN