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Questions and Answers
Financial management involves the process of planning, organizing, directing, and controlling financial resources.
Financial management involves the process of planning, organizing, directing, and controlling financial resources.
True (A)
The main objective of financial management is to maximize the wealth of shareholders.
The main objective of financial management is to maximize the wealth of shareholders.
True (A)
Financial management is only concerned with raising capital and has no impact on the day-to-day operations of a company.
Financial management is only concerned with raising capital and has no impact on the day-to-day operations of a company.
False (B)
