Question

Financial management is concerned with managerial activities relating to __________

Answer 1

(a) Planning

(b) Procurement and administration of funds

(c) Optimum utilisation of funds

(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.