For optimal Procurement of funds, a finance manager identifies different available sources and compares those items in terms of cost
For optimal Procurement of funds, a finance manager identifies different available sources and compares those items in terms of cost and associated risks. Identify and define the concept highlighted in the above lines.
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The concept is Financial Management and is concerned with management of flow of funds and involves decisions related to procurement and investment of funds in long-term and short-term assets and distribution of earnings to the owners.
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