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प्रश्न
State, with reason, whether the following statement is True or False.
Financial management is essential for all types of organisation.
पर्याय
True
False
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उत्तर
This statement is True.
- The business organisation irrespective of its type and nature needs finance for its formation, for carrying out day – to – day activities, for development and expansion, etc.
- Financial management is essential for all types of business organisation as it deals with procurement of funds and their efficient and effective utilization in the business.
- Financial management deals with planning, organizing, directive and controlling financial activities of business organisations.
- Generally all business activities are supported by the savings which comes from the society. Many a times these savings are not adequate to meet the financial requirement of the business. It is therefore necessary that available scarce fund must be utilized systematically and more efficiently.
- Financial management plays a very important role in making the best use of financial resources.
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संबंधित प्रश्न
| Group 'A' | Group 'B' | ||
| 1 | Financial Management | a | Distribution of profit |
| 2 | Retained profit | b | Deposits less than Rs. 20,000 |
| 3 | Debenture trustees | c | Capitalisation of profit |
| 4 | Small depositors | d | 1996 |
| 5 |
Depository Act |
e | Management of business funds |
| f | Borrowed capital | ||
| g | Protect interest of debentures holders | ||
| h | Management of business activities | ||
| i | Deposits less than Rs. 25,000 | ||
| j | 1956 |
State, with reasons, whether the following statement is True or False.
Financial management is essential for all types of organisations.
Advice to Board of Directors in respect of financial matter is given by _______.
What are the main objectives of financial management? Briefly explain.
Under which of the major heads will the following items be shown while preparing Balance Sheet of a company, as per Schedule III of the Companies Act, 2013:
(i) Unamortised Loss on Issue of Debentures (To be written off after 12 months from the date of Balance Sheet)
(ii) 10% Debentures
(iii) Stock-in-Trade
(iv) Cash at Bank
(v) Bills Receivable
(vi) Goodwill
(vii) Loose Tools
(viii) Truck
(ix) Provision for Tax; and
(x) Sundry Creditors?
Identify the major heads under which the following items will be shown in the Balance Sheet of a company as per Schedule III of Companies Act, 2013:
(i) Provision for Tax
(ii) Loan payable on demand
(iii) Computer and related equipment
(iv) Goods acquired for trading
How are the following items shown while preparing Balance Sheet of a company:
- Surplus, i.e., Balance in Statement of Profit and Loss (Dr.);
- Interest accrued and due on Debentures;
- Computer Software under development;
- Interest accrued on Investment
- Arrears of dividends on Cumulative Preference Shares?
From the following information extracted from the books of Howrach Ltd., prepare Balance Sheet of the company as at 31st March, 2026, as per Schedule III of the Companies Act, 2013:
| (₹ in '000) | (₹ in '000) | ||
| Long-term Borrowings | 1,000 | Property, Plant and Equipment | 1,600 |
| Trade Payable | 60 | Inventories | 40 |
| Share Capital | 800 | Trade Receivables | 160 |
| Reserves and Surplus | 180 | Cash and Cash Equivalents | 240 |
From the following information, calculate Change in Inventory of Work-in-Progress:
Opening and Closing Work-in-Progress ₹1,50,000 and ₹1,45,000 respectively.
From the following information compute the amount to be shown in Note to Accounts on Employees Benefit Expenses: Wages ₹ 5,40,000; Salaries ₹ 7,20,000; bonus ₹ 1,05,000; Staff Welfare Expenses ₹ 60,000 and Business Promotion Expenses ₹ 50,000.
Under which line item (major head) of the Statement of Profit and Loss of a financial company will the following be shown:
(i) Interest on Loans Given:
(ii) Gain (Profit) on Sale of Securities;
(iii) Loss on Sale of Fixed Assets;
(iv) Interest paid on Deposits;
(v) Depreciation on Computers;
(vi) Goodwill Written off;
(vii) Commission paid for Deposit Mobilisation; and
(viii) Repairs Expenses?
What is the role and function of Financial Management?
What are the objectives of financial statement?
'S' Limited is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7% - 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand. It is estimated that it will require about Rs 5000 crores to set up and about Rs 500 crores of working capital to start the new plant.
Which of the following is the role and objectives of financial management for this company.
For optimal procurement of funds, a finance manager identifies different available sources and compares those items in terms of cost and associated risks. Identify concept highlighted in the above lines.
The foremost objective of financial management is :
The foremost objective of financial management is:
