what is financial management explain
Answer (1)
6th Jul, 2021
Hey,
Financial management is the strategic planning, arranging, directing, and managing of financial operations in an organization or institute. It also comprises applying management ideas to a company's financial assets and playing a key part in fiscal management.
It involves dealing with and appraising money and investments to assist a person or a company in making business decisions. Financial management can be seen in the operations of a company's accounting department.
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