What is the scope of financial management?
The 5 A's scope of financial management are Anticipation, Acquisition, Allocation, Appropriation, and Assessments of funds. As an important part of overall management, the scope of financial management mainly covers planning, raising, controlling, and administration of funds used in the business.
What are the 6 scope of financial management?
Some of the major scope of financial management are as follows: 1. Investment Decision 2. Financing Decision 3. Dividend Decision 4.
What are the three scopes of financial management?
Financial management is concerned with the duties of the finance manager in a business firm. He performs such a varied task as budgeting, financial forecasting, cash management, credit administration, investment analysis and funds procurement.
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