5 Questions
Which one of the following best defines finance?
The science and art of managing money
Who is responsible for financial management within an organization?
The financial manager
What is the primary goal of financial management?
Maximizing shareholder's wealth
How does the financial manager contribute to achieving the organization's goal?
By maximizing shareholder's wealth
What is the role of financial institutions and markets?
Facilitating the flow of funds between borrowers and lenders
Learn the basics of financial management with this quiz. Test your knowledge on defining finance, understanding the responsibilities of financial managers, and how they contribute to achieving organizational goals. Explore the role of financial institutions and markets in the world of finance.
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