Question

What is modern view of business finance?

Answer 1

Answer:

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The modern approach views finance function in broader sense. It includes both rising of funds as well as their effective utilisation under the purview of finance. ... So finance functions, according to this approach, covers financial planning, rising of funds, allocation of funds, financial control etc.

Answer 2

Answer:

The modern approach views finance function in broader sense. It includes both rising of funds as well as their effective utilisation under the purview of finance. ... So finance functions, according to this approach, covers financial planning, rising of funds, allocation of funds, financial control etc.