Question

In: Finance

Which ONE of the following is NOT a financial management decision? Maintaining a satisfactory financial situation....

Which ONE of the following is NOT a financial management decision?

Maintaining a satisfactory financial situation.

Setting the organizational purpose.

Sources of financial resources

Uses of financial resources.

Solutions

Expert Solution

Financial management means the transaction in which money is invilved , So option1 , 3 & 4 are showing relation with financial matter so these are the financial management decissoin but Setting the ornazational purpose is not related to dinancial management management dcission.

Answer = Option 2 = Setting the organizational purpose.

jeff jeffy answered 1 year ago
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