Finance Homework Help

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(Newsbox) 29-Apr-2011

Finance is a study of managing finances in an organization. Finance is also a part of study of management

Finance is the study of flow of funds and its management. Finance is commonly called as the blood of an organization. The general areas of finance are business finance, personal finance, and public finance. Financial management is used to control the expenditure and manage wealth in order to achieve maximum by investing. Investing requires various logical approaches which can be done by some experts in the field of finance. Time, money and risk are the three important fields which are covered by the finance managers.

Budget preparation is the method through which organizations manage their investment and expenditure. The cycle runs from the investors through banks and then to the consumers. In any country, the investors invest his money as an attempt to save his money and then banks lend this money to the needy consumers who again spend this money in the market. This whole cycle is required to run the financial cycle.

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