Multiple Choice Questions:
_ is concerned with the acquisition, financing and management
of assets with some overall goal in mind.
a) Financial Management
b) Profit Maximisation
c) Agency Theory
d) Social Responsibility
Ans. : ( a )
What is cost
Cost is the amount of expenditure (actual or
notional) incurred on or attributable to a
specified thing or activity.
It is the total of all expenses incurred ,
whether paid or outstanding in the
manufacturing & sal
UNDERSTANDING OF FINANCIAL
A financial statement is an organized collection
of data according to logical & consistent
Every finance manager is involved in financial
decision making & financial planning.
Elements Of Cost
Elements of cost
Material is also defin
The dictionary meaning of budget is a systematic plan for the expenditure of a
usually fixed resource during a given period.
Union Budget keeps the account of the government's finances for the fiscal year
that runs from 1st April to 31st Marc
202 - FINANCIAL MANAGEMENT
1. Finance function Broad areas under finance- Scope and
Significance - Role of a finance executive Implications of Various
Forms of Business Organizations. Sources of Finance.
2. Financial system Meaning and significance, Playe