BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Khan & Jain
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Solomon
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J.F. Bradley
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James C. Van Horne
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Detailed explanation-1: -In the words of Van Horne – “Financial Management is concerned with the acquisition financing and management of assets with some overall goal in mind.”
Detailed explanation-2: -O Financial management is concerned with the acquisition, financing, and management of assets with some overall goal in mind.
Detailed explanation-3: -Acquisition financing is the funding a company uses specifically for the purpose of acquiring another company. By acquiring another company, a smaller company can increase the size of its operations and benefit from the economies of scale achieved through the purchase.
Detailed explanation-4: -Answer & Solution Solution: Financial Management is mainly concerned with all aspects of acquiring and utilizing financial resources for firms activities.
Detailed explanation-5: -Importance of Financial Management Assists in acquiring and managing funds. Helps in funds allocation. Provides insights to make critical financial decisions. Cuts down financial costs.