what is finance?
Answers were Sorted based on User's Feedback
Answer / rajesh sunchu
procurement of funds and their effective utilizition in the
business is called Finance
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / rajesh
finance is a managerial activity which is concerned with
planning and controlling the firm financial resources is
called finance
Is This Answer Correct ? | 13 Yes | 6 No |
Answer / hpotter1987
Finance is the blood of any organisation. without finance
any organisation cannot establish ,expand and modernise
itself. finance is the backbone for the projects taking
place and going to take place. finance can be raised
personally by an entrepreneur and can take interest paid or
mortgage loans.
Is This Answer Correct ? | 17 Yes | 11 No |
Answer / mahesh
finance is a piller of organization bez without finance we
can't do anything and single person can't measure without
finance like industries,small scale....etc., even housewife
also can not do....
Is This Answer Correct ? | 17 Yes | 12 No |
Answer / muhammad ashfaq
Finance is the purchasing power of an Organisation.
Is This Answer Correct ? | 15 Yes | 10 No |
Answer / krishnaveni.b
Finance is the backbone of organization.
Is This Answer Correct ? | 13 Yes | 9 No |
Answer / vikram
FINANCE MEANS PROCUREMENT OF FUNDS AND EFFECTIVE
UTILIZATION OF THOSE FUNDS.
PROCUREMENT:
1)ISSUE OF SHARES
2)DEBENTURES
3)LOANS
4)SALE OF ASSETS etc.
UTILIZATION:
1)PURCHASE OF ASSETS
2)ACQUISITIONS
3)WORKING CAPITAL etc.
finance means funds utilized for the running of the
business.It is in the form of working capital and other
running expenses.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / shikha garg
Finance is something that helps in running the business
activities.Finance helps in implementing the plans and
ideas which is necessary to make more money and take the
business to further stage.
Is This Answer Correct ? | 12 Yes | 9 No |
Answer / vinay & ibbu
Finance is the Major Department of an Organization. If any
company or firm wants to take a dicision it has to approved
by Finance manager.
Is This Answer Correct ? | 14 Yes | 11 No |
Answer / jyoti.s.k
Finance studies and addresses the ways in which individuals,
businesses, and organizations raise, allocate, and use
monetary resources over time, taking into account the risks
entailed in their projects. .
Is This Answer Correct ? | 3 Yes | 0 No |
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