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What is Financial Management Overview and Functions about?

Financial management involves planning, organizing, directing, and controlling financial activities, including investment, financing, dividend, and liquidity decisions. Its objectives include ensuring adequate funds, maximizing returns for shareholders, and maintaining a sound capital structure. Key functions include estimating capital requirements, determining capital composition, choosing sources of funds, investing funds wisely, managing cash, and exercising financial controls.

Author

njiiriwambui0

Language

EN