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"financial management is more than procurement of funds" Discuss briefly

Answer»

"financial MANAGEMENT is more than procurement of funds".

It is because that financial management is related to many things like not only with precourement of funds but also related to raising of MONEY from different sources, utilisation of funds in best WAY and distribution of funds .

By its name * Financial management * It is clearly showns that * A management with the managing of all funds for precourement, utilisation and distribution also.*

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