Discuss the importance of financial management ... - JSS1 Agricultural science Farm Budgeting and Financial Management Question
Discuss the importance of financial management in agriculture.
Financial management in agriculture involves:
- Effective Planning: Strategizing resource allocation and budgeting to achieve financial goals.
- Control: Implementing measures to ensure adherence to the budget and prevent financial deviations.
- Monitoring: Regularly assessing financial performance to identify areas for improvement.
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