Meaning of Finance
11 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main focus of finance?

  • Managing technology
  • Managing personnel
  • Managing money (correct)
  • Managing time

According to John J. Hampton, finance involves managing money flows in which of the following organizations?

  • Hospitals
  • Hotels
  • Restaurants
  • Schools (correct)

What does financial management emphasize?

  • Understanding market trends
  • Expanding product lines
  • Utilizing money efficiently (correct)
  • Managing human resources effectively

Which of the following is NOT a part of financial management?

<p>Selling of assets (D)</p> Signup and view all the answers

According to Solomon, what important economic resource does financial management focus on?

<p>Capital funds (C)</p> Signup and view all the answers

What does S.C. Kuchal state financial management deals with?

<p>Procurement of funds and their effective utilization (A)</p> Signup and view all the answers

What is the main focus of finance?

<p>Managing money flows through an organization (C)</p> Signup and view all the answers

According to S.C. Kuchal, what does financial management involve?

<p>Procurement of funds and their effective utilization (C)</p> Signup and view all the answers

What aspect of finance is emphasized in the definition by Solomon?

<p>Efficient use of capital funds (B)</p> Signup and view all the answers

Which of the following is an integral part of overall management in every business entity?

<p>Financial management (C)</p> Signup and view all the answers

What does financial management aim to achieve regarding assets?

<p>Managing assets with a specific goal in mind (A)</p> Signup and view all the answers

More Like This

Money Management Mastery Quiz
6 questions

Money Management Mastery Quiz

ManeuverableHeliodor4773 avatar
ManeuverableHeliodor4773
Effective Money Management and Investment
1 questions
Investment Strategies and Personal Finance
12 questions
Use Quizgecko on...
Browser
Browser