General functions of financial management, Financial Management

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GENERAL FUNCTIONS

Several functions of financial management currently range from planning of funds to distribution of earnings and also are extend beyond. Some of the well-known functions are as follows:

Estimating financial requirements.
Deciding capital structure / capital or financing mix.
choosing sources of finance.
choosing investment pattern / long term asset mix.
Proper cash management.
Implementation of financial controls.
Proper use of profits/ surplus / dividend or profit allocation.
Short term asset or Liquidity mix.

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