Financial Management Fundamentals
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Questions and Answers

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?

  • 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?

  • 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?

    <p>Short-term working capital management</p> Signup and view all the answers

    In large corporates, which domain is more focused on by 'corporate finance'?

    <p>Capital structure management</p> Signup and view all the answers

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