Consider the following statement(s) is/are correct with regard to money management.
Statement I Money management is an essential part of debt free life style.
Statement II It is a broad term involves incorporates services and solutions across the entire investment.
A. Statement I is correct
B. Statement II is correct
C. Both the statements I and II are correct
D. Neither statements I nor II are correct
Answer: Option C
This Question Belongs to Home Science >> Resource Management And Consumer Issues
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit
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