In finance the primary goal of management is to


Asked by admin @ in CBSE BOARD XII viewed by 288 People


What is the primary goal of financial management? A) To minimize the risk B) To maximize the return C) To maximize the owner’s wealth D) To raise profit

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Answer:

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Explanation:

The primary goal of the financial management is to maximize the wealth of owners. All businesses aim to maximize their profits, minimize their expenses and maximize their market share.


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