Financial Management
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Questions and Answers

Which of the following is NOT one of the main managerial decisions in financial management?

  • Financing or Capital structure
  • Investment or Capital budgeting
  • Working Capital Management
  • Human Resource Management (correct)
  • What is the main objective of financial management?

  • Maximizing the wealth of the owners of the business (correct)
  • Increasing market share
  • Minimizing expenses
  • Achieving high sales revenue
  • Why is a good understanding of the theoretical aspects of financial management important for practicing managers?

  • To make decisions more effectively (correct)
  • To minimize expenses
  • To achieve high sales revenue
  • To increase market share
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