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