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Question

The primary aim of financial management is to ______.


A

Wealth maximisation concept

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B

Maximisation of the market value of equity shares

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C

Maximise shareholder’s wealth

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D

All of the above

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Solution

The correct option is 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. All the above options are the primary aims of financial management.


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