System Process of Finance

Jun 21st, 2015
Studypool Tutor
Price: $10 USD

Tutor description

Finance can be defined as the art of and science of managing money. Finance is concerned with the process, institutions, markets and instruments involved in the transfer of money among individuals, business and governments. Managerial finance is concerned with the duties of the financial manager in the business firm.

Word Count: 2368
Showing Page: 1/21
1 1.1 FinanceFinance can be defined as the art of and science of managing money. Finance is concerned with the process, institutions, markets and instruments involved in the transfer of money among individuals, business and governments. Managerial finance is concerned with the duties of the financial manager in the business firm.Finance came form Latin word Finis means dealing with the money .Finance is called the art and science of managing money.Finance is the process of organizing the flow of funds so that a business can carry out its objectives is the most efficient manner and meet its obligations as they fall due. Renneth Midgely & Ronald Burns.Finance is concerned with the process, institution, markets and instruments involved in the transfer of money among and between individuals, business and government. Lawrence J GitmanFinance means to arrange payment for it. They observe that finance may be generally defined as the study of money its nature , behavior , regulation and problems. George Christy &Peter Roden 2

Review from student

Studypool Student
" Totally impressed with results!! :-) "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors