Question 20 of 32
Q.Finance is the management of ______ affairs of the company.
(a) monetary
(b) marketing
(c) production
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2024MCQ· 1mImportance★★★★★
63% · 20/32 Questions
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Start your 14-day free trial to unlock the full solution →The correct option is monetary. Corporate finance is the branch of management that handles all money matters of a company.
Every company needs funds to buy assets, run day-to-day operations and expand. The activity of estimating how much money is needed, arranging it from the right sources at a reasonable cost, and then using and controlling it wisely is what we call corporate finance. Because it revolves entirely around money and funds, it is described as the management of the monetary affairs of the company.
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