Question

What is the primary focus of financial management?

a.

Managing financial records

b.

Controlling financial resources

c.

Keeping records of financial transactions

d.

Maximizing returns for the enterprise

Answer: (d).Maximizing returns for the enterprise Explanation:Financial management is primarily concerned with planning and controlling financial resources of an enterprise with a view to maximize returns.

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Q. What is the primary focus of financial management?

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