General functions of financial management, Financial Management

GENERAL FUNCTIONS

Several functions of financial management currently range from planning of funds to distribution of earnings and also are extend beyond. Some of the well-known functions are as follows:

Estimating financial requirements.
Deciding capital structure / capital or financing mix.
choosing sources of finance.
choosing investment pattern / long term asset mix.
Proper cash management.
Implementation of financial controls.
Proper use of profits/ surplus / dividend or profit allocation.
Short term asset or Liquidity mix.

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