Financial Management - Study Mode

[#446] According to top rating agencies S&P triple-A and double-A rating bonds are classified as an
Correct Answer

(B) extremely safe

Explanation

Solution: According to top rating agencies S&P triple-A and double-A rating bonds are classified as an extremely safe.

[#447] Investment is the _______________.
Correct Answer

(C) employment of funds on assets to earn returns

Explanation

Solution: Investment is the employment of funds on assets to earn returns. An investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.

[#448] 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.

[#449] 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.

[#450] 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.