RANA Commerce

  XI:  Accountancy Term-2 Sample paper-2 (Click here)

  XI. Business Studies Term-2 Sample Paper-1 (Click here)

  XI. Accountancy Term-2 Sample Paper 1 (Click here)

  XII. Accountancy term-2 Practice paper (Click here)

  XI. B. Studies Ch. 10 International Business pdf

  XI. B. Studies Ch. 9 Internal Trade pdf (Click here)

XI. B. Studies Ch. 9 Small Business and Entrepreneurship pdf

XII. B. Studies Ch. 12 Consumer Production pdf (Click here)

Chapter 12 B. St. Chapter 10 Financial Market pdf (Click here)

  Chapter – 9 FINANCIAL MANAGEMENT Introduction – Finance refers to money, cash or fund available to carry out business operations. It is the life blood of business. A business enterprise requires funds at different stages - to start a business, to operate and expand it. Financial Management “Financial management is considered to be the management of the finance function”. It deals with planning, organizing, directing and controlling financial activities like procurement and utilization of funds and distribution of earnings to owners. “Financial management deals with procurement of funds and their effective utilization in the business” – S.C. Kuchhal. Role and Importance of Financial Management All items in the financial statements (Balance Sheet and P/L Account) of a business are directly or indirectly affected by the financial management decisions, some of them are given below: The size and composition of fixed assets – A decision to invest (capital decision) Rs. 100 crores in fi...