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

Posted under IC 89 Management Accounting

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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