Question

What specialized knowledge and experience are required for decisions on employment of funds in financial management?

a.

Marketing analysis

b.

Capital budgeting, working capital management, liquidity and solvency management

c.

Human resource management

d.

Sales analysis

Answer: (b).Capital budgeting, working capital management, liquidity and solvency management Explanation:Decisions on employment of funds in financial management require specialized knowledge and experience in capital budgeting, working capital management, liquidity and solvency management, investment analysis, and portfolio management.

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Q. What specialized knowledge and experience are required for decisions on employment of funds in financial management?

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