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Old Tuesday, March 27, 2012
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Thanks for your reply.

Your answer matches to greater extent to that of mine. My answer was as follows.

Firstly i explained the financial management function. Mainly it performs two major functions, those are finance and investment functions. In order to perform these two functions effectively and efficiently, a corporate firm is organised in a suitable manner. There is a finance dept. It is headed by finance head or director. Under him are many sub-units such as asset manager, equity manger, liability etc manager. All of these parts contribute to the efficient financial management function.
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