Question

Three broad areas of financial decision making

Answer 1

1. capital budgeting .
2. capital structure.
3. working capital.

Answer 2

The financial is Avery vital and a sensitive decision to make since money is a very scarce commodity and its allocation should be keenly checked and it should be done with a lot of care.

The budgeting allocation should touch the most basic and the most demanding need encountered and faced by an individual.