Question

Question 3 A secondary objective of financial management is Not yet answered Marked out of 2.00 P Flag question Select one: A. To declare dividends to satisfy shareholder needs B. To adopt socially responsible attitude in financial decisions which will ensure the long-term future of the company C. To make long-term investment decisions for shareholders D. To generate short-term funds to finance projects Question 4 Not yet answered The term "money market' refers to .......... Marked out of 2.00 Select one: P Flag question A. A place where shares are traded B. A place where bond is traded C. A place where long-term funds are available at favourable rates D. A place where short-term funds are available at favourable rates

Answer 1

3) The correct answer is option B

Explanation :- The objectives of financial management can be classified as primary and secondary objectives. The primary objectives mainly deals with profit maximisation and wealth maximisation whereas. One of the secondary objectives of financial management is corporate social responsibility where the firm wants to improve the life of the society by undertaking activities in education and solving other social problems.

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4) The correct answer is option D

Explanation:- Financial markets can be divided into money markets and capital markets. Capital markets mainly deal with long term funds whereas money markets deal with short funds that have a maturity period of 3 to 6 months. Thus short term funds are available in money markets.