answersLogoWhite

0


Best Answer

The basic principle is this. Income exceeds expenditure = PROFIT

Expenditure exceeds income = LOSS

No profit or loss = BREAK-EVEN

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a principle of basic financial management?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the basic principle of work management?

Principle of Risk Variation. Principle of Cost of Capital. Principle of Equity Position. Principle of Maturity of Payment.


A principle of risk management?

the three basic categories of control?


Is a basic principle of cash management increasing the speed of paying liabilities?

Yes, one of the basic principles of cash management is increasing the speed of paying liabilities.


What is management of principle?

what is management of principle


What is a basic principle of wildlife management?

Keep animals safe from humans, and humans safe from animals.


What are the basic objectives of financial management?

The objective of financial management is wealth maximization rather than profit maximization. Wealth maximization means the total value of the firm.


How do Financial Management resolve agency problems?

first a fall agent should act according to principle. he have to follow principle and try to avoid his own mater.


A system built on the basic principle that many of the same management strategies that apply to one emergency will apply to other emergancies is?

Comprehensive Emergency Management


A system built on the basic principle that many of the same management strategies that apply to one emergency will apply to other emergencies is what?

Integrated Emergency Management


What system is built on the basic principle that many of the same management strategies that apply to one emergency will apply to other emergencies?

Integrated Emergency Management


A system built on the basic principle that many of the same management strategies that apply to one emergency will apply to other emergencies?

Comprehensive Emergency Management


A system built on the basic principle that many of the same management strategies that apply to one emergency will apply to other emergencies is?

Comprehensive Emergency Management