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Questions and Answers
Which one of the following best defines financial management?
Which one of the following best defines financial management?
- The process of buying and selling assets.
- The decision-making process to make individuals and businesses better off.
- The activities that create or preserve the economic value of assets. (correct)
- The art and science of managing wealth.
Which of the following is NOT a financial function?
Which of the following is NOT a financial function?
- Dividend decisions
- Marketing decisions (correct)
- Investment decisions
- Financing decisions
What is the main objective of financial management?
What is the main objective of financial management?
- Maximizing liquidity
- Minimizing risk
- Maximizing wealth (correct)
- Maximizing profit
What is the role of financial managers?
What is the role of financial managers?
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What is the relationship between risk and returns in financial management?
What is the relationship between risk and returns in financial management?
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