Question

    In relation to Financial Management, which of the

    following statements are correct? (i) Financial Management as the name suggests is the management of finance. (ii) The very objective of Financial Management is to maximise the wealth of the shareholders by maximising the value of the firm. (iii) The objective of Financial Management is to trade-off between asset and liability
    A Only (i) and (ii) Correct Answer Incorrect Answer
    B Only (i) and (iii) Correct Answer Incorrect Answer
    C (i), (ii) and (iii) Correct Answer Incorrect Answer
    D Only (ii) and (iii) Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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