MCQ on objective and scope of financial management
Understand the Problem
The question is asking for a multiple-choice question (MCQ) regarding the objectives and scope of financial management, indicating a need for knowledge in finance.
Answer
Maximize shareholder wealth
The main objective of financial management is to maximize shareholder wealth.
Answer for screen readers
The main objective of financial management is to maximize shareholder wealth.
More Information
Maximizing shareholder wealth ensures that a company's stock price is maximized, benefiting not only the shareholders but also contributing to the overall health and stability of the company.
Sources
- Objective Question Answer for Financial Management Quiz - Testbook - testbook.com
- MCQ on Financial Management - Studocu - studocu.com
- MCQ for CA Intermediate FMECO - FINANCIAL MANAGEMENT - Cha - zeroinfy.in
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