Which of the Following Statements Concerning Financial Management Is Correct

question 7

Multiple Choice

Which of the following statements concerning financial management is correct?

• A) The details of financial management are standard across businesses in different industries.
• B) Obtaining money for your start-up is only the beginning of financing a small business.
• C) Financial management needs remain the same through the life of the company.
• D) Once a financial management system is in place it only requires periodic review.

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Definitions:

Genetically Predisposed Traits

Characteristics or conditions that individuals are more likely to develop due to their genetic makeup.

DNA Called Genes

Segments of DNA that carry the genetic information necessary for the coding of proteins and are inherited from one generation to another.

Chromosomes

Filamentous entities situated in the nucleus of both animal and plant cells, composed of protein and a solitary DNA molecule, responsible for transmitting genetic data.

Segments

Divisions or parts of a whole, often used in reference to parts of organizations, markets, or society.