Answered: objective of financial management

Business

Accounting

objective of financial management

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 14MC: An important goal of a responsibility accounting framework is to help ensure which of the following?...

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Question

Payment of reasonable dividends comes under ______________ objective of financial management

Basic objectives

Research Objectives

Operational Objectives

Social Objectives

Approach to decide on the efficient procurement and investment of funds for the day-to-day operations of a business. Financial management aims at profit maximization, and it includes financing and capital budgeting.

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