Multiple choice

According to Fayol, financial activities of an industrial undertaking deals with

  1. production

  2. buying and selling

  3. protection of property

  4. optimum use of capital

  5. planning and organising
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to Fayol, financial activities deal with seeking financial sources and ensuring optimum use of capital. This includes raising funds, managing investments, and ensuring financial resources are used efficiently to support business objectives.

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