Financial Management (Financial Analysis For DM)
Financial Management is a vital activity in any organization. It is the process of planning, organizing, controlling and monitoring financial resources with a view to achieve organizational goals and objectives. It is an ideal practice for controlling the financial activities of an organization such as procurement of funds, utilization of funds, accounting, payments, risk assessment and every other thing related to money.
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effective financial management is essential for the success and sustainability of any organization. It involves strategic planning, prudent decision-making, and diligent monitoring of financial performance to ensure the organization remains financially healthy and competitive in the long term.
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