Question

How has the scope of Financial Management expanded with the globalization of companies?

a.

It has narrowed down

b.

It has remained the same

c.

It has expanded, especially with the use of foreign capital in the global market

d.

It has become less relevant

Answer: (c).It has expanded, especially with the use of foreign capital in the global market Explanation:The scope of Financial Management has expanded, especially with the use of foreign capital in the global market and the multinational nature of companies.

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Q. How has the scope of Financial Management expanded with the globalization of companies?

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