Multiple Choice Questions on Meaning of business finance refers to money required for various business activities such as establi........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

Meaning of business finance refers to money required for various business activities such as establi...........

Business Studies (CUET) FINANCIAL MANAGEMENT
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    Meaning of business finance refers to money required for various business activities such as establishing, running, modernizing, expanding, or diversifying a business. It funds tangible assets like machinery and intangible assets like trademarks.
    Is only for purchasing land.Incorrect Answer
    Funds only fixed assets.Incorrect Answer
    Includes all business activities.Correct Answer
    Is not necessary for diversification.Incorrect Answer
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    Explanation:

    Business finance is essential for all business activities, including establishment, operation, and diversification.

    It covers both tangible and intangible assets.

    Finance is necessary for modernizing and expanding businesses, ensuring smooth operations.

    By: Parveen Bansal
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