Question

Section-c
Explain the importance of financial
management​

Answer 1

Answer:

Financial Management is very important in the field of increasing the wealth of the investors and the business concern. It maintain enough supply of fund for the organization. It optimum and efficient utilization of funds.

Answer 2

Answer:

The importance of financial management:

Explanation:

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 it's objective as satisfactorily as possible the latter often defined as maximizing the value of the from for stockholders.Financial managers are specialized professionals direct to reporting to senior management,often the financial director the function is seen as staff and not Line.