Financial Management - Study Mode

[#971] Financial Management is mainly concerned with ______________.
Correct Answer

(A) All aspects of acquiring and utilizing financial resources for firms activities

Explanation

Solution: Financial Management is mainly concerned with all aspects of acquiring and utilizing financial resources for firms activities. Financial Management is the application of general principles of management to the financial possessions of an enterprise.

[#972] The primary goal of the financial management is ____________.
Correct Answer

(C) to maximize the wealth of owners

Explanation

Solution: The primary goal of the financial management is to maximize the wealth of owners. All businesses aim to maximize their profits, minimize their expenses and maximize their market share.

[#973] In his traditional role the finance manager is responsible for ___________.
Correct Answer

(B) arrangement of financial resources

Explanation

Solution: In his traditional role the finance manager is responsible for arrangement of financial resources. Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

[#974] Market value of the shares are decided by ____________.
Correct Answer

(B) the investment market

Explanation

Solution: Market value of the shares are decided by the investment market. Market value is the price an asset would fetch in the marketplace.

[#975] Which one of the following is not a money market securities?
Correct Answer

(B) National savings certificate

Explanation

Solution: National savings certificate is not a money market securities. The National Savings Certificate is a fixed income investment scheme that you can open with any post office.