Question

What does the effectiveness of financial decisions, the main objective of financial management, require?

a.

Only Exposure, experience, and expertise of principles, perspectives, and tools of financial management process

b.

Only Thorough knowledge and complete understanding of financial system

c.

Exposure, experience, and expertise of principles, perspectives, and tools of financial management process, and Thorough knowledge and complete understanding of financial system

d.

Only Exposure to financial risk management

Posted under IC 89 Management Accounting

Answer: (c).Exposure, experience, and expertise of principles, perspectives, and tools of financial management process, and Thorough knowledge and complete understanding of financial system Explanation:The effectiveness of financial decisions, the main objective of financial management, requires exposure, experience, and expertise of principles, perspectives, and tools of the financial management process, and thorough knowledge and complete understanding of the financial system.

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Q. What does the effectiveness of financial decisions, the main objective of financial management, require?
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