MANAGEMENT

BUISENESS MANAGEMENT

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the wrong key component in SMART financial goals?
A
T-Time-bound
B
S-Systematic
C
A-Achievable
D
R-Realistic
E
M-Measureable
Explanation: 

Detailed explanation-1: -Solution(By Examveda Team) Ensuring discipline in the organization. is not an objective of financial management.

Detailed explanation-2: -The goal of financial management is to maximize shareholder wealth. For public companies this is the stock price, and for private companies this is the market value of the owners’ equity.

Detailed explanation-3: -Explanation: the ultimate goal of the business entity is to earn profits and increase the wealth of the shareholders because this is the main objective of businesses.

Detailed explanation-4: -What is a Financial Goal? A financial goal is a target to aim for when managing your money. It can involve saving, spending, earning, or even investing. Creating a list of financial goals is vital to creating a budget.

There is 1 question to complete.