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What is financial management answer in one sentence


In business, financial management is the practice of handling a company's finances in a way that allows it to be successful and compliant with regulations.

What is financial management answer?

In simple terms, financial management is the business function that deals with investing the available financial resources in a way that greater business success and return-on-investment (ROI) is achieved. Financial management professionals plan, organize and control all transactions in a business.

What is financial management Toppr?

To run any kind of successful company or business, the funds have to be very well managed. This efficient management and utilization of capital is what we call Financial Management.

What is finance simple answer?

Finance, of financing, is the process of raising funds or capital for any kind of expenditure. It is the process of channeling various funds in the form of credit, loans, or invested capital to those economic entities that most need them or can put them to the most productive use.

What is financial management Ncert?

Financial Management. aims at reducing the cost of funds. procured, keeping the risk under. control and achieving effective. deployment of such funds.




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