FINANCIAL MANAGEMENT
Management is concerned with the flow of funds and involves decisions relating to the procurement of funds, investment of funds in long-term and short-term assets, and distribution of earnings to owners called financial management. FINANCIAL MANAGEMENT IS THE LIFEBLOOD OF BUSINESS. Interaction of arranging, sorting out, controlling, and checking monetary assets so as to accomplish authoritative objectives and goals. “ FINANCIAL MANAGEMENT is the activity concerned with planning, raising, controlling and administering funds used in business”. ...