CBSE Class 12-commerce Business Studies Part II Financial Management, Decisions and Planning
Understand the meaning of Financial Management Decisions and Planning from the CBSE Class 12 Commerce Business Studies chapter Financial Management by referring to the revision notes, sample papers, past years’ papers etc. at TopperLearning.
Financial management is concerned with the optimal procurement and the usage of finance. For optimal procurement, different available sources of finance are identified and compared in terms of their costs and associated risks. Similarly, the finance so procured needs to be invested in a manner that the returns from the investment exceed the cost at which the procurement has taken place.