Assignment Task
Question 1
Financial management is mainly concerned with
- Arrangement of funds
- Profit maximization
- Efficient Management of every business
- All aspects of acquiring and utilizing financial resources for firm’s activities
Question 3
Awould be an example of a principal, while a(n) would be an example of an agent.
- manager
- shareholder manager
- accountant; bondholder
- shareholder;
Question 3
Limited liability is a characteristic of what form of business ownership?
- Sole proprietorship
- Joint proprietorship
- Corporation
- Partnership
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