Financial Management Fundamentals Quiz
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Questions and Answers

Which of the following best defines finance?

  • The activities that create or preserve the economic value of assets
  • The process of making sound financial decisions
  • The art and science of managing wealth (correct)
  • The decisions regarding what assets to buy and sell

    • What is the main objective of finance?

  • To maximize wealth
  • To make individuals and businesses better off (correct)
  • To manage cash flow
  • To maximize profits

    • Which of the following is not a financial function?

  • Dividend decision
  • Financing
  • Marketing (correct)
  • Investment

    • What is the nature of financial management?

    <p>Making sound financial decisions</p> Signup and view all the answers

    What is the role of financial managers?

    <p>All of the above</p> Signup and view all the answers

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