Question

define the financial management​

Answer 1

Answer:

Financial management example for business or company includes managing telephone cost, hiring a new employee, purchasing of facilities, project budgets, etc. Financial management example for individuals includes managing monthly budgets, expenses, shopping, etc.

Explanation:

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Answer 2

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Question ⬇

● define the financial management ?

Answer ⬇

Financial management may be defined as the area or function in an organization which is concerned with profitability, expenses, cash and credit, so that the "organization may have the means to carry out its objective as satisfactorily as possible;" the latter often defined as maximizing the value of the firm.

★ What is it works ?

■ Financial managers have the responsibility of overseeing the finances of major companies, agencies and everything in between.

■ Along with their teams, they coordinate accounting and produce financial reports, cash-flow statements and profit projections.

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