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financial management is mainly concerned with


Gaurav 20th Oct, 2020
Answer (1)
Pratyaksha Goswami 20th Oct, 2020

`Dear Student

This is an excellent question. However before we get to the answer, it helps to know what Financial Management is Financial management may be defined as the function in an institution which deals with profitability, expenses, cash and credit, so that the "organization may have the means to carry out its objective as satisfactorily as possible"; and the answer is:

Financial Management is mainly concerned with all facets of  and utilizing getting financial resources for firms activities. Financial Management is the application of general principles of management to the financial belongings of an enterprise.

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