BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Financial Management in company form of undertaking is called as ____
A
Personal Finance
B
Corporation Finance
C
Proprietory Finance
D
Public Finance
Explanation: 

Detailed explanation-1: -Corporate Finance. Corporate finance is also known as managerial finance, financial management, and business finance. The goal of a financial manager (and firm) is “to maximize shareholder wealth” for publicly traded firms or “to maximize owner wealth” for privately held companies.

Detailed explanation-2: -Financial management deals with the day-to-day optimization of the cash flow, while corporate finance aims to maximize the value of a company by analyzing and decision-making. Both might be relevant to the finance department of any company but deal with highly contrasting duties.

Detailed explanation-3: -Corporate finance refers to activities and transactions related to raising capital to create, develop and acquire a business. It is directly related to company decisions that have a financial or monetary impact. It can be considered as a liaison between the capital market and the organisation.

Detailed explanation-4: -Financial activity − This kind of duties are done by financial manager and consists activities like planning, raising, investing and monitoring the finance of the company. Raising the finance − It is raised through shares, debentures, bank loans etc.

There is 1 question to complete.