Multiple Choice
Short-term finance is required to meet the expenses for-
A) Payment of wages and salaries
B) Cost of fixed assets
C) Initial development expenditures
D) Operating losses
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Funds needed for acquiring fixed assets are
Q6: The financial function for allocation of capital
Q7: _ is a source of long-term finance.<br>A)Venture
Q8: The objectives of financial management includes-<br>A)Procurement of
Q9: Projects are accepted under profitability method, if<br>A)PI
Q11: A theory known as dividend irrelevance theory
Q12: Financial planning is concerned with<br>A)Financial control<br>B)Investing in
Q13: Trading on equity means<br>A)Taking advantage of equity
Q14: The only viable goal of financial management
Q15: The extent to which the firm has