7
Question
________ is the activity concerned with planning, raising, controlling and administering of funds used in the business.
________ is the activity concerned with planning, raising, controlling and administering of funds used in the business.
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Solution
The correct option is A Financial Management
- Financial
Management is concerned with optimal
procurement as well as usage of
finance.
- For optimal procurement,
different available sources of finance
are identified and compared in terms
of their costs and associated risks.
- Thus financial management is the activity concerned with planning, raising, controlling and administering of funds used in the business.
- Financial
Management is concerned with optimal
procurement as well as usage of
finance.
- For optimal procurement,
different available sources of finance
are identified and compared in terms
of their costs and associated risks.
- Thus financial management is the activity concerned with planning, raising, controlling and administering of funds used in the business.
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