The procurement of fund for the business and its effectives utilization in theproductive field.
flow of money throught an organization wheather it be corporation,school,bank and government agencies concern itself with the actual flow of money as well as any claims against money.according to Gitman "finance can be defineas the arts and science of managing money virtually all individual and organization earn or risk money and spend or investmoney, the key function of finance are investments, financial dividend and liquidity decision of an organization. financial manager is concer with investment decision and invest more commmenly.
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