Answer Posted / narendra vakare
finance is an art and service of managing money.
there are two area of finance.
1. financial management/corporate finance/managerial finance
2. financial services
financial management is concerned with the procurement of
funds i.e. what are the sources from where funds can be
generated & their effective utilization of funds .
simply financial management is focused on mananging money
& it is the duty of financial manager.
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