Podcast
Questions and Answers
Finance is the ________ of money act of making money available + the administration and control so that it could be properly utilized
Finance is the ________ of money act of making money available + the administration and control so that it could be properly utilized
science
Financial management involves planning, organizing, coordinating of raising, investment and ________ of funds for achieving goals of the organization
Financial management involves planning, organizing, coordinating of raising, investment and ________ of funds for achieving goals of the organization
distribution
Raising of funds in finance involves determining when, source, how much, which form, and ________
Raising of funds in finance involves determining when, source, how much, which form, and ________
cost
Investment of funds in finance can be for fixed assets (capital budgeting) or ________ assets (working capital management)
Investment of funds in finance can be for fixed assets (capital budgeting) or ________ assets (working capital management)
Three key areas of finance are raising of funds, investment of funds, and ________ of funds
Three key areas of finance are raising of funds, investment of funds, and ________ of funds
Finance studies ________ and its management.
Finance studies ________ and its management.
What is meant by ________.
What is meant by ________.
Financial management involves planning, organizing, coordinating of raising, investment and ________ of funds for achieving goals of the organization.
Financial management involves planning, organizing, coordinating of raising, investment and ________ of funds for achieving goals of the organization.
Three key areas of finance are raising of funds, investment of funds, and ________ of funds.
Three key areas of finance are raising of funds, investment of funds, and ________ of funds.
Raising of funds in finance involves determining when, source, how much, which form, and ________.
Raising of funds in finance involves determining when, source, how much, which form, and ________.
Flashcards are hidden until you start studying
Study Notes
Definition of Finance
- Finance involves the act of making money available and managing it for proper utilization.
- It encompasses the administration and control of financial resources.
Financial Management
- Consists of planning, organizing, and coordinating the raising, investment, and management of funds.
- Aims to achieve the financial goals of an organization.
Raising of Funds
- Involves determining when to raise funds, identifying sources, amount needed, selection of form, and conditions.
- Critical for ensuring sufficient capital for operational and strategic needs.
Investment of Funds
- Can be allocated to fixed assets through capital budgeting (long-term investments).
- Also applies to current assets via working capital management (short-term investments).
Key Areas of Finance
- Focus includes raising funds, investing funds, and managing funds.
- These areas are essential for ensuring the stability and growth of an organization.
Purpose of Finance
- Studies how money is generated, allocated, and controlled within various contexts.
- Financial management is crucial for maintaining the organizational framework for effective funding utilization.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
