Question

conclusion on Financial Management​

Answer 1

Answer:

Conclusion In conclusion, financial management practices is a field which deals with financial decisions including short and long goals of the organization and ensures that there is a high return on the invested capital without necessarily taking excess finance risk.

Explanation:

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Answer 2

Answer:

Conclusion of Financial Management

Defination- “Financial management is the activity concerned with planning, raising, controlling and administering of funds used in the business.”

                                                                           – Guthman and Dougal

Explanation:

Nature of financial management include:

Estimatining capital requirementsDecision relating to the Capital structureSelection of source of fundsEnsures Effective utilisation of financial respurces

Scope of Financial management includes following decisions:

Financing DecisionInvestment DecisionDividend Decision

Importance of Financial management includes following:

• Helps organisations to take critical financial decisions
• Ensures effective utilisation and allocation of rescources
• Helps in improving return on investement of the organisation
• Increases overall value of the business firm

Conclusion: From above mentioned points we can conclude that Financial management works as the lifeline for any organisation and plays a very important role in growth and prosperity of all organistions.