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Home Questions J6WH5G9B6C
Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
Assertion(A)- The entrepreneur's job is to ensure the selection of the best overall mix of financing for the enterprise.
Reason(R)- The aim of financing decision is that the Cost of capital and the financial risk stands minimised while return on investment and profitability stands maximized.
Options:
Both A and R are true. R is the correct explanation of A
Both A and R are true, but R is not the correct explanation of A
A is correct, but R is incorrect
A is incorrect, but R is correct.
Correct Answer:
Both A and R are true. R is the correct explanation of A
Explanation:
The entrepreneur's job is to ensure the selection of the best overall mix of financing for the enterprise so that: a) the cost of capital and the financial risk stands minimized, b) return on investment and profitability stands maximized.

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