6 Views

Question : Which of the following statement is incorrect regarding the financial management?
 

Option 1: Financial management aims to reduce the cost of funds procured.
 

Option 2: Financial management lacks in availability of funds as and when required.
 

Option 3: Financial management achieve effective investment of such funds.

 

Option 4: None of the above


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Financial management lacks in availability of funds as and when required.
 


Solution : Financial Management is concerned with management of law of funds and involves decisions relating to procurement of funds, investment of funds in long term and short term assets and distribution of earnings to the honours. Financial management ensures availability of enough funds as and when required.

Hence, option B is correct.
 

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
SCSVMV Deemed to be Universit...
Apply
MBA At at SCSVMV | NAAC 'A' Grade | AICTE & UGC Aproved | 100% Placement Support | Merit-based Scholarships
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
VIT Bhopal University | B.Arc...
Apply
Mark presence in the Modern Architectural field with Bachelor of Architecture | Highest CTC : 70 LPA | Accepts NATA Score
New Horizon College BBA Admis...
Apply
UG Admissions 2026 open| NAAC ‘A’ grade | Merit-based Scholarships available.
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books