Which of the following statements concerning financial management is correct?

Question

Quizplus · Accepted Answer

Obtaining money for a start-up is just the beginning of financing a small business. Financial management requires ongoing attention and adjustment throughout the life of the company, including managing cash flow, making investment decisions, and ensuring the availability of funds to support growth and expansion. It is not a one-time process and requires continual review and monitoring. The details of financial management can also vary depending on the industry and the specific needs of the business.

Which of the Following Statements Concerning Financial Management Is Correct