Time value of money shows the relation of value of money with time. Time value of money is also value of interest which we have earned for giving money to other for specific period. Value of Rs. 1 which you have today is more valuable than what Rs.
Role of Finance Manager In the area of finance and financial management, finance manager is important authority. Not only to raise the finance of company, finance manager do also other lots of works for company. We can explain his role in following words. 1. Role of Finance Manager for Raising…
1st Function – To Prepare the Budget It is duty of finance department of company to make the budget before actual providing money to any department. It will be helpful to fulfill each department with minimum cost. Finance department can take…
Financial management is two way process in which finance manager obtain funds andmoney at low cost and risk and use it in higher earning project at minimum risk. Expert says that it is science to earn maximum return at minimum risk and control. In financial management, following…
Nervous System The nervous and endocrine systems are involved with the coordination of all the activities of the body’s cells. The nervous system controls various activities by the rapid communication achieved by its highly specialized nerve cells or…