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Explain Financial Management?

Answer»

In service strategy financial management covers budgeting accounting and charging REQUIREMENTS.

Budgeting >> Provide sufficient funds to RUN BUSINESS Cost and income estimation .

Accounting >> provide management information on the cost. Cost analysis and reporting.

Charging >> PROVIDING funds by charging BACK to client.

In service strategy financial management covers budgeting accounting and charging requirements.

Budgeting >> Provide sufficient funds to run business Cost and income estimation .

Accounting >> provide management information on the cost. Cost analysis and reporting.

Charging >> providing funds by charging back to client.



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