Match the words with the term.
-Which of the following activities is NOT financial management?
A) Ensuring that a company's ROA is higher than the cost of financing.
B) Ensuring that all operating managers participate in making investing and financing decisions.
C) Ensuring that a company uses its resources in the most efficient and effective way.
D) Ensuring that a company raises sufficient funds.

Question

Quizplus · Accepted Answer

Ensuring that all operating managers participate in making investing and financing decisions is more related to corporate governance and management practices rather than strictly financial management. Financial management focuses on the efficient and effective management of funds, investment decisions, and financial planning.

Match the Words with the Term