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Q. Define Finance Function and discuss its nature and scope
Ans. Meaning of Finance: - Finance is defined as the provision of funds at the time when it is required. The role of funding in business enterprise requires no emphasis. Each enterprise whether big or small requires finance to carry on and expand its operations. Finance embraces the key to all the business activities and a firm's success and in fact its survival is dependent upon how resourcefully it is able to acquire and utilize the funds.
Meaning of Financial Management: - Financial management is a very important and an integral part of business management. It refers to that division of managerial activity which is concerned with planning and controlling of financial resources of the enterprise. It deals with increasing finance for the enterprise and the efficient utilization of such finance.
Definition of Financial Management: - According to Joseph L. Massie 'Financial management is the functioning activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operations.'
Explain the Implicit cost of capital Implicit cost of capital can be defined as the rate of return associated with the best investment opportunity for the firm and its Shareho
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Due to the complexity of the tasks involved in many projects, communication of responsibility for those tasks is often helped by means of graphical planning techniques.
Q. Explain about Centralised treasury function? Treasury departments are usually a feature of larger companies than Frantic although it is perhaps beneficial to consider the be
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APPLICABILIYI OF THE OPERETING CYCLE
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Compare and contrast the various types of secondary market trading structures. Answer: There are two major types of secondary market trading structures: dealer and agency. I
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