What is the scope of finance function?

Three sorts of decisions are dealt with by the finance function:
Financing decisions are those that affect the way money is raised.
Investment decisions are those that concern the placement of funds.

Dividend policy decisions are strategic financial decisions that are based on the organization’s earnings. Because the shareholders own the company, they are entitled to a portion of the earnings in the form of a dividend.

The scope of financial management includes three clusters.

  1. Concerning to finance and cash

  2. Increasing of fund and their administration

  3. Along with the activities of rising funds,

These are part and section of total management, Isra Salomon fingered that in view of funds utilisation third cluster has broader scope.