BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is/are the financial management process?
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Setting goals
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Evaluating financial status
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Creating financial plan
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Reviewing and revising the progress
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All of the above
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Explanation:
Detailed explanation-1: -Financial Management refers to the application of general management principles to the various financial resources which are projecting. This encompasses planning, organizing, directing and controlling of the financial activities.
Detailed explanation-2: -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-3: -The three type of financial management decisions are investment decision, financing decision and dividend decision.
There is 1 question to complete.