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Commerce · Q170

Financial Management

Graduate and Post Graduate · Commerce · question 170

Q170

__________ is concerned with the acquisition, financing, and management of assets with some overall goal in mind.

A.
Financial management
Answer
B.
Profit maximization
C.
Agency theory
D.
Social responsibility

Answer: Option A

Solution

Answer: Option A
Solution:
Financial management is concerned with the acquisition, financing, and management of assets with some overall goal in mind. Financial Management is the application of general principles of management to the financial possessions of an enterprise.