Financial Management Quiz
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Questions and Answers

What is the primary concern of financial management?

  • Maximizing the number of employees in the firm
  • Maximizing the value of the firm for stockholders (correct)
  • Maximizing the number of products sold by the firm
  • Minimizing expenses and cash flow
  • Who do financial managers typically report to?

  • Operations managers
  • Senior management or the financial director (correct)
  • Human resources department
  • Marketing managers
  • What is one of the responsibilities of financial management in relation to funds?

  • Minimizing short-term debts
  • Maximizing long-term debts
  • Efficient and effective day-to-day management of funds (correct)
  • Speculative investment in high-risk assets
  • What does financial management overlap with in terms of management?

    <p>Treasury management</p> Signup and view all the answers

    What does financial management generally focus on in terms of working capital?

    <p>Current assets and current liabilities</p> Signup and view all the answers

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