Home › BBA Finance › Financial Management › Financial Management › Financial management is concerned with the optim…
Financial management is concerned with the optimal procurement and:
APricing of output
BUsage of finance
CAuditing of taxes
DHiring of workers
Answer & Solution
Correct answer: B. Usage of finance
1. Sources are compared on cost and risk.
2. Funds must then earn more than they cost.
3. So it covers procurement and usage.
_Source: NCERT Class 12 Business Studies Part II, Chapter 9, Financial Management._
Related questions
Excess cash invested in cash alternatives is said to create:Because payments for purchases are usually made on credit, cash outflows in a month often Assets that turn into cash within a year through normal operations are contrasted with capCash held by a business is needed above all to pay the bills and meet the:Credit taken from suppliers, recorded as accounts payable, is called:Better inventory management, better collections and longer supplier terms together will:Working capital needs that stay in place all year round are described as:Working capital needs that rise and fall with the season are described as: