BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Planning for funds
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Raising of funds
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Allocation of resources
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All the above
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Detailed explanation-1: -Finance Functions-Investment Decision, Financial Decision, Dividend Decision and Liquidity Decision.
Detailed explanation-2: -There are two main purposes of the finance function: to provide the financial information that other business functions require to operate effectively and efficiently. to support business planning and decision-making.
Detailed explanation-3: -The seven popular functions are decisions and control, financial planning, resource allocation, cash flow management, surplus disposal, acquisitions, mergers, and capital budgeting.
Detailed explanation-4: -Finance can be divided broadly into three distinct categories: public finance, corporate finance, and personal finance. More recent subcategories of finance include social finance and behavioral finance.