INTRODUCTION TO FINANCE :
( Key points to remember and boost your marks in battlefield )
# Finance is lifeblood of a business organisation.
# Every business entity needs finance to run its business activity.
# According to khan & jain , ” Finance is the art and science of managing money .”
# The concept of finance includes , capital , investment , fund etc.
# Financial management is an integral part of overall management.
# FM deals with :
Procurement of fund.
Effective utilisation of fund.