MANAGEMENT STUDY

MEANING OF BOOK-KEEPING: Book-keeping is an art how to maintain the books of account. It is the systematic way of recording the business transactions. A book-keeper may be responsible for the keeping all the financial records of the business. Book-…

1. Define management accounting. Ans. It is that branch of accounting which provides help to management in control and decision making. It deals with the presentation of information so that it is helpful to management. 2. What are the various compon…

ADVANTAGES OF ACCOUNTING:   There are some main advantages of the accounting : HELPFUL IN RAISING LOANS: A business cannot start without the proper money or funds. Accounting is very helpful to raise or provide the loan to a business from various b…

Financial decisions refer to that decision concerning financial matters of a business firm. There are many kinds of financial management decisions are involved in a business. We can classify these decisions into three major groups; Investment decisi…

FINANCIAL PLANNING AND CONTROL:  The financial management process begins with the financial planning and decisions. Various financial plannings and decisions are selected by the company for the implement these decisions. The company may choose vario…

FINANCE:   Finance is defined as the provision of money at the time when it is required. Any kind of business can be big, small and medium, need for finance is the first thing which is helpful to complete company`s operations and the targets.fina…

IMPORTANCE OF FINANCIAL MANAGEMENT:   Finance is work as the lifeblood or a nerve center of a business. Finance is work for the smooth running of the business. The importance of Corporation Finance or Financial Management has been arising because …