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Finance function comprises of-
Safe custody of funds only
Procurement and effective use of funds
Spending of funds only
Obtaining finance only
Financial Management is the branch of management which is concerned with?
Estimation of funds
Procurement of funds
Utilization of funds
All of the above
The most important goal of financial management is-
Profit maximization
Matching income and expenditure
Wealth maximization
Using business assets effectively
Traditional approach confines finance function only to_________funds.
The formula used to calculate current ratio is
Current assets / Current liabilities
Current liabilities / Current assets
Inventory / Current liabilities
Current liabilities / Inventory
What Should be the Objective of Financial Management?