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Finance associated to the fields of economics and accounting

How is finance associated to the fields of economics and accounting?

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Financial management is a combination of accounting and economics.
a) Financial managers make use of accounting information like balance sheets and income statements to allocate, analyze and plan financial resources for business firms.
b) They use economic principles to guide them in making financial decisions that are in the best interest of the firm. In other words, finance is an applied area of economics that relies on accounting for input.

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