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Objectives of Financial Management

Everything you need to know about the Objectives of Financial Management. Financial Management is an important functional area of business. The objectives of financial management should, therefore, be consistent with the overall objectives of the business. It is the duty of the top management to lay down the objectives or goals which are to be […]

Short Term Sources of Finance

Everything you need to know about the short-term sources of finance for a firm. Short-term financing may be defined as the credit or loan facility extended to an enterprise for a period of less than one year. It is a credit arrangement provided to an enterprise to bridge the gap between income and expenses in […]

What is Budget? | Economics

Get the answer of: What is Budget? A budget is an estimate of income and expenditure for a future period as opposed to an account which records financial transaction. Budget is an essential element in the planning and control of the financial affairs of a nation and is made necessarily (and essentially) because income and […]

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