BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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That part of management which is connected with the financial activities iscalled ____ management.
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Personnel
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Financial
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Production
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All the above
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Explanation:
Detailed explanation-1: -Financial Management is a study of planning, designing, directing and managing the economic activities such as the utilization of capital and acquisition of the firm.
Detailed explanation-2: -Financial management involves three major types of decisions: (1) long-term investment decisions, (2) long-term financing decisions, and (3) working capital management decisions, which are short-term in nature. These decisions concern the acquisition and allocation of resources among the various activities of a firm.
Detailed explanation-3: -Answer & Solution Solution: Financial Management is mainly concerned with all aspects of acquiring and utilizing financial resources for firms activities.
There is 1 question to complete.