GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Finance function
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Financial Resources
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Measurement of Performance
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All of the above
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Detailed explanation-1: -Financial management is strategic planning, organising, directing, and controlling of financial undertakings in an organisation or an institute. It also includes applying management principles to the financial assets of an organisation, while also playing an important part in fiscal management.
Detailed explanation-2: -Financial Management is a study of planning, designing, directing and managing the economic activities such as the utilization of capital and acquisition of the firm. To put it in other words, it is applying general management standards to the financial resources of the firm.
Detailed explanation-3: -Capital budgeting. Employing funds in different assets is integral to any organisation. Capital structure. Sourcing funds to ensure smooth functioning is the quintessential decision organisations need to make. Dividend decision. Working capital management decision. 13-Dec-2022
Detailed explanation-4: -Capital budgeting. Relates to identifying what needs to happen financially for the company to achieve its short-and long-term goals. Capital structure. Determine how to pay for operations and/or growth. Working capital management. 04-Jul-2022