Multiple choice

The financial management is concerned with the:

  1. Procurement of funds and their effective utilisation

  2. Raising of funds from the market

  3. Management of Working Funds only

  4. Investing funds in the most appropriate assets
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Financial management encompasses both raising funds (procurement) and deploying them effectively (utilization). Option A captures this dual scope completely, while other options focus on only one aspect.

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