FM 1

Finance is derived from the Latin word-

• Finese

• Finan

• Finis

• Fina

Fill the missing 5th M of Management- Money, Men, Material, _________ ,Machines

• Maturity

• Magic

• Manager

• Method

Classify the type of finance- Management of money for an organization or business

• Personal

• Public

• Corporate

___________ Approach is the arrangement and administration of funds through financial instruments

• Traditional

• Modern

What is missing

• Financial implementation

• Financial understanding

• Financial planning

• Financial meeting

The modern approach of financial management involves Ascertainment, _______ and allocation of funds

• Acquisition

• Appraisal

• Assembling

• Amalgamation

___________ of profitability of the firm and shareholders wealth are the specific objectives of

FM

• Equalization

• Optimization

• Minimization

• Maximization

Financial management is concerned with the efficient use of an important economic resource, namely ______ funds.

• Mutual

• capital

• monetary

• mixed

Drawbacks of the traditional approach are

• No emphasis on allocation of funds

• Narrow approach

• Long term only

• all the above

Liquidity -Maintenance of liquid assets

Proper planning ,organizing  of Funds-MIN cost and MAX return

Efficiency and effective  controlling of funds

come under ___________ objectives

• General

• Specific