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Questions and Answers
What is the primary objective of financial management?
What is the primary objective of financial management?
- Minimizing production costs
- Maximizing customer satisfaction
- Minimizing employee turnover
- Maximizing shareholder wealth (correct)
What is the role of a financial manager in an organization?
What is the role of a financial manager in an organization?
- Supervising production processes
- Making strategic financial decisions (correct)
- Managing customer service operations
- Overseeing employee training programs
What is the main function of finance within an organization?
What is the main function of finance within an organization?
- Capital budgeting and investment decisions (correct)
- Marketing strategy development
- R&D management
- Human resources management
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