What are the three major function of business finance?

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2026-05-06 09:25

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The three major functions of Business Finance are acquisition of funds, allocation of funds, and management of funds. Acquisition involves securing the necessary capital through various sources, such as loans, equity, or reinvested profits. Allocation pertains to distributing these funds effectively across different projects or departments to maximize returns. Lastly, management ensures that the financial resources are used efficiently, monitored, and adjusted as needed to maintain financial health and support strategic goals.

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