Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:
Financial Management aims at which of the following?
Options:
Reducing the cost of funds procured
Keeping the risk under control
Achieving effective deployment of such funds
All of the above
Correct Answer:
All of the above
Explanation:
Financial Management aims at reducing the cost of funds procured, keeping the risk under control and achieving effective deployment of such funds. It also aims at ensuring availability of enough funds whenever required as well as avoiding idle finance.