Question

financial management requires both short-term activities as well as long-term planning such as raising funds.

Answer 1

Financial management requires both short-term activities as well as long-term planning such as raising funds.TRUE

Financial management is the workout of handling an agency's budget in a manner that permits it to be successful and compliant with guidelines. That takes each a high-stage plan and boots-on-the-ground execution.

Economic management is the agency characteristic concerned with profitability, fees, coins, and credit, just so the agency may also have the way to carry out its goal as satisfactorily as feasible; the latter is often described as maximizing the rate of the firm for stockholders.

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