Question

What are the areas covered by the scope and objectives of financial management?

a.

Only Financial Analysis and Planning

b.

Financing and Capital Structure/Capital budgeting Decisions, Procurement of funds and analysis of cost of capital, Management of funds raised, Working Capital Management, Investment Decisions, Dividend Decisions, and more

c.

Only Analysis of relationship between Return and Risk

d.

Only Merger, Amalgamation, Takeovers, Expansions, Liquidation, etc.

Answer: (b).Financing and Capital Structure/Capital budgeting Decisions, Procurement of funds and analysis of cost of capital, Management of funds raised, Working Capital Management, Investment Decisions, Dividend Decisions, and more Explanation:The scope and objectives of financial management cover areas such as Financing and Capital Structure/Capital budgeting Decisions, Procurement of funds and analysis of cost of capital, Management of funds raised, Working Capital Management, Investment Decisions, Dividend Decisions, and more.

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Q. What are the areas covered by the scope and objectives of financial management?

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