Question

What is the meaning of financial management

Answer 1

management of money in such a manner as to accomplish the objectives of the organisation its function directly associated with the top management .✌✌✌

Answer 2

Explanation:

Financial management is the application of general management concepts to a company's financial resources. Proper management of the finances of a company provides quality fuel and regular service to ensure efficient operation.

A business organization is organic in nature, and its efficient development depends on the activities and strategies and the financial efficiencies. Therefore, both short-term and long-term strategies that aim to optimize value creation from finite financial resources are the primary objectives of financial management.