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प्रश्न
Which of the following statements is false regarding financial management?
पर्याय
Aims at ensuring availability of enough funds whenever required.
Aims at reducing the cost of funds procured.
Is concerned with optimal procurement as well as usage of finance.
Facilitates price discovery for securities of company.
MCQ
उत्तर
Facilitates price discovery for securities of company.
Explanation -
The primary goal of financial management is to maximise shareholder wealth. This includes a proper estimate of the finances required for various reasons, such as the purchase of long-term assets or meeting day-to-day business expenses, among others.
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