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difference between financial management and f planning
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difference between financial management and f planning
Financial Management:
It is concerned with optional procurement as well as the usage of finance. It means that finance procured should be interested in such involvement. Therefore financial management aims at reducing cost, keeping risk under control and achieving effective utilization of money

Financial Planning:
The Process of estimating the fund requirement of a business and specifying the sources of the fund is called Financial Planning. It takes into consideration growth performance investment and requirement of the fund at a given period of time. Financial planning involves long term planning for investment and short term planning called budget.
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difference between financial management and f planning
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