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What is the Importance of Finance to a Business Concern?

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प्रश्न

What is the importance of finance to a business concern? 

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उत्तर

Finance is an important functional area of business. It deals with the timely procurement of funds and their effective utilization. For optimal procurement, different sources of finance are compared in terms of their costs and associated risks. 

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Sources of Finance for Partnership
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पाठ 2: Capital - Fixed and Working - EXERCISES [पृष्ठ ४९]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
पाठ 2 Capital - Fixed and Working
EXERCISES | Q IV. 10. | पृष्ठ ४९
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