Answer: Capital Structure and its components. Meaning: Capital Structure constitutes two words i.e. Capital and Structure. The word ‘Capital’ refers to the investment of funds in business while ‘Structure’ means arrangement of different components in […]
Category: Secretarial Practice Question and Answer – HSC Board of Maharashtra
State the importance of financial Planning.
Answer: Importance of Financial Planning. The finance manager gets entire information about his firm’s activities and on that basis, he prepares a financial plan. The financial plan so prepared becomes crucial with respect to decision making. The […]
What is the meaning of financial planning? Define the financial planning.
Answer: Meaning & Definition of financial planning. Meaning: The term ‘financial planning’ refers to assessment of financial requirements and arranging the sources of capital. It is required not only to increase profit but also for survival of the […]
What are the objectives of financial management?
Answer: Objectives of Financial Management? According to Kuchal S. C., “Financial Management deals with procurement of funds and their effective utilization in business”. The basic objectives of financial management are stated as follows: I. Profit Maximization, II. Wealth Maximization […]
What is Financial Management? State its role in the organization.
Answer: Meaning of Financial Management & Role in the Organisation. Meaning – Being a specialized function of general management, financial management is mainly concerned with raising of finance and its optimum and effective utilization for achievement of goals of the organization. It […]