Question

What is closely associated with financial management functions in a firm?

a.

Only Financial markets

b.

Only Financial instruments

c.

Only Regulatory framework

d.

Financial system, which mainly consists of financial markets, financial instruments, and relevant regulatory framework

Answer: (d).Financial system, which mainly consists of financial markets, financial instruments, and relevant regulatory framework Explanation:Financial system, which mainly consists of financial markets, financial instruments, and relevant regulatory framework, is closely associated with financial management functions in a firm.

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Q. What is closely associated with financial management functions in a firm?

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