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Financial Management is mainly concerned with ______________.

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

B. Arrangement of funds

C. Efficient Management of every business

D. Profit maximization

Answer: Option A

Solution(By Examveda Team)

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.

This Question Belongs to Commerce >> Financial Management

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Comments ( 4 )

  1. Khine Myat
    Khine Myat :
    9 months ago

    Which of the following account with normal balance is shown at the debit side of a trial balance?

  2. Hassan Basha
    Hassan Basha :
    3 years ago

    6. Strategy is _______

  3. Hassan Basha
    Hassan Basha :
    3 years ago

    1. Financial management is mainly concerned with _______

  4. SANDEEP MOHITE
    SANDEEP MOHITE :
    6 years ago

    Please explain

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