Meaning of Finance

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11 Questions

What is the main focus of finance?

Managing money

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

Schools

What does financial management emphasize?

Utilizing money efficiently

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

Selling of assets

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

Capital funds

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

Procurement of funds and their effective utilization

What is the main focus of finance?

Managing money flows through an organization

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

Procurement of funds and their effective utilization

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

Efficient use of capital funds

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

Financial management

What does financial management aim to achieve regarding assets?

Managing assets with a specific goal in mind

Learn the art and science of managing money with this quiz, which covers the definition of finance, management of money flows through an organization, and the study of investing and raising money productively.

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