Business Studies, asked by vijeta98, 9 months ago

of company, inventory management, etc.
3. The Amount of Long-term and Short-term Funds. The amount to be raised for long-term
as well as for the short-term depends upon the financial management and organisation. The
firms which have policy of liquidation prefer to have more of long-term finance although
with that profit will decrease as company has to pay more interest on long-term debts as
compared to short-term debts.

Answers

Answered by ammarq8b3420

Answer:The common activities and areas which are influenced by financial management are listed below:

Financial management is concerned with efficient acquisition and allocation of funds. In other words, financial management is concerned with flow of funds and involves decisions related to procurement of funds, investment of funds in long term and short term assets and distribution of earnings to owners.

Explanation:

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