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Questions and Answers
Which of the following is NOT an aim of the finance function?
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?
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?
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?
Why is proper utilization of funds important?
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What is the ultimate aim of the finance function?
What is the ultimate aim of the finance function?
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