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Financial management decisions are made such that financial goals are to be achieved. A Company...

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Accounting

Financial management decisions are made such that financial goals are to be achieved. A Company that fails to make these decisions may end up becoming part of history. This is the same sentiments shared by the likes of Nokia.

Required: To develop an explicit financial plan, management must make key or fundamental financial decisions. Identify and discuss Three basic Financial management decision areas required for every Organization aspiring to stay in business.

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