Finance Function Mastery
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Questions and Answers

Which of the following is NOT an aim of the finance function?

  • Increasing Profitability
  • Acquiring Sufficient and Suitable Fund
  • Maximizing Firm’s Value
  • Proper Utilization of Funds (correct)

    • What does personal finance deal with?

  • Increasing profitability of the firm
  • Acquiring and utilizing funds of a business
  • Managing money and other assets
  • Monetary decisions and activities of an individual or a family unit (correct)

    • What is the primary aim of the finance function?

  • Assessing the needs of the enterprise (correct)
  • Properly procuring funds in time
  • Increasing profitability of the firm
  • Maximizing the value of the firm

    • Why is proper utilization of funds important?

    <p>To generate revenue</p> Signup and view all the answers

    What is the ultimate aim of the finance function?

    <p>Maximizing the value of the firm</p> Signup and view all the answers

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