Question

What does the financial management process and perspectives of an enterprise depend on?

a.

Only Corporate philosophy

b.

Only Financial risk-management policy and practice

c.

Both Corporate philosophy and Financial risk-management policy and practice

d.

Only Financial system of the country

Answer: (c).Both Corporate philosophy and Financial risk-management policy and practice Explanation:The financial management process and perspectives of an enterprise depend on both corporate philosophy and financial risk-management policy and practice.

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Q. What does the financial management process and perspectives of an enterprise depend on?

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