Question

What do you understand by the financial management?

Answer 1

Financial management refers to that management which always see that what funds are available in business and what a business need... It helps the business in procurement and distribution of wealth.

Financial management main objective is to earm profit maximization and next is wealth maximization.

Optimum utilization of resources also an important objective of business... Financial management helps the business in smooth working of business...


Financial management always seen that sufficient funds always be in business so that at the time of any consequences business easily handle it..