What is the ultimate objective of financial management

Assignment Help Financial Accounting

Reference no: EM132656008

Problem 1: What is the ultimate objective of financial management?

Group of answer choices

Option 1: to maximize profitability

Option 2: to satisfy management's expectations

Option 3: to grow revenue

Option 4: to maximize shareholder value (ensure that ROA is higher than the cost of financing)

Option 5: none of these

Problem 2: There are two basic types of accounting methods: cash accounting and accrual accounting.

Group of answer choices

Option 1: True

Option 2: False

Reference no: EM132656008

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