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scale up students book course 1

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8 Read the quotes and fill in with the appropriate 
articles.
1. “Financial management i s ____ Operational
Activity o f ____ business that is responsible for
obtaining and effectively u tiliz in g ____ funds
necessary for efficient operation” by Joseph Massie
2. “Financial management is 
1
___ area o f financial
decision making, harmonizing individual motives 
and enterprise goals” by Weston and Brigham
3. “Financial management i s ____ area o f business
management devoted to a judicious use of capital
a n d ____ careful selection o f sources o f 
...
capital in order to e n a b le ____ business firm to
move i n ____ direction o f reaching its goals” by
J.F.Bradlery
4. “Financial management is _ __ application o f____
planning and control function t o ____ finance
function” by Archer & Ambrosio
5. “Financial management may be defined as that
area or set o f administrative functions i n ____
organization which relate with arrangement of
cash and credit so that organization may have__
means to carry out its objective as satisfactorily as 
possible” by Howard & Opton.
“Business finance can be broadly defined as
_activity concerned with planning, raising,
controlling and administering o f funds and in 
____ business” by H.G Gathman & H.E Dougall

Look at the photos and answer the question. 
Which 
picture 
represents 
financial 
management? Why do you think so?
“Never spend 
you have it.”
your money before 
Thomas Jefferson
Scale Up


10 Look at the title of the text and guess what the text is going to be about.
11
Read the text and complete each paragraph with the sentences 1-4 in the spaces a-d.
1. Any financial system is a decisive process at 
solution to any economic issues.
2. It is better to have several versions to spend money 
on than make an exact decision after thinking over 
demands’ importance.
3. It is obvious that he was able to have become 
wealthy because of the right choice of financial 
management.
4. A right financial management can assist in having 
extra money to fam ily budget.

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