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Questions and Answers
What is the main objective of financial management?
What is the main objective of financial management?
- Maximizing cash flow
- Maximizing profitability (correct)
- Maximizing credit
- Minimizing expenses
In financial management, what does profit maximization occur when?
In financial management, what does profit maximization occur when?
- Average revenue is maximized
- Average cost is minimized
- Total cost is equal to total revenue
- Marginal cost is equal to marginal revenue (correct)
What is the short-run objective of financial management related to cash?
What is the short-run objective of financial management related to cash?
- Maintaining proper cash flow (correct)
- Minimizing cash flow fluctuations
- Maximizing cash reserves
- Optimizing cash-to-debt ratio
Which financial function involves managing fluctuations in foreign currency and product cycles?
Which financial function involves managing fluctuations in foreign currency and product cycles?
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In large corporates, which domain is more focused on by 'corporate finance'?
In large corporates, which domain is more focused on by 'corporate finance'?
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