Question

What is the role of financial accounting in Financial Management?

a.

It is not related to Financial Management

b.

It provides a basis for Financial Management and various financial decisions

c.

It is only concerned with accrual analysis

d.

It deals with uncertainties and probabilities in financial decisions

Answer: (b).It provides a basis for Financial Management and various financial decisions Explanation:Financial accounting provides a basis for Financial Management and various financial decisions.

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Q. What is the role of financial accounting in Financial Management?

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