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  Place of Financial Management in Organization

Position of Financial Management in Organization Structure:

In management, organization’s structure is alienated on the basis of authorities and responsibilities of staff. Just like marketing, personnel research and development, finance is too functioning of company. Company gives power to some authorities in its organizational structure to do production, finance and sales function. In finance department, finance manager has powers associating to treasury and control. He can hand over his power to his assistants.

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