The finance function is/are
| A. | Determination of finance requirement of the firm |
| B. | Obtaining necessary finance from the appropriate sources at minimum possible cost |
| C. | The allocation of finance in different assets |
| D. | All of the above |
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Option: D Explanation : Click on Discuss to view users comments. |
Payback reciprocal method of ranking investment proposals should be used only when
| A. | Annual savings are even for the entire period |
| B. | The economic life of the project is at least twice of the pay back period |
| C. | Annual Saving is less |
| D. | (a) and (b) both |
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Option: D Explanation : Click on Discuss to view users comments. |
The market price of a share of common stock is determined by
| A. | the board of directors of the firm. |
| B. | the stock exchange on which the stock is listed. |
| C. | the president of the company. |
| D. | None of these |
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Option: C Explanation : Click on Discuss to view users comments. karthik Reddy said: (2:16pm on Wednesday 15th February 2017)
how it is determined by the president of the company
Dr. Ravi said: (1:48am on Sunday 18th March 2018)
I think it should be option A or D
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The decision function of financial management can be broken down into the decisions.
| A. | financing and investment |
| B. | !investment, financing, and asset management |
| C. | financing and dividend |
| D. | capital budgeting, cash management, and credit management |
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Option: B Explanation : Click on Discuss to view users comments. |
