Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
What is the main objective of Financial Management?
Options:
To ensure regular and adequate supply of funds to the concern.
Wealth maximization of shareholder‘s wealth.
To ensure regular and adequate supply of funds to the concern.
To ensure optimum funds utilization.
Correct Answer:
Wealth maximization of shareholder‘s wealth.
Explanation:
The main objective of Financial Management is wealth maximisation of shareholder's.