Question

Financial Management aims at _____

Answer 1

(a) Keeping the risk under control

(b) Achieving effective deployment of such funds

(c) Reducing the cost of funds procured

(d) All of the above

Answer (d) All of the above

Explanation: Financial management might be characterised as the function or area in an association which has to be about profit, cash, expenses, and credit. Its goal would be that the association might possess the ability to provide for all functions of organisational financial activities and reap satisfactorily.