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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?
Assertion (A): Finance fulfills only the beginning requirement of the business.
Reason (R): Finance is needed only to promote business.
- a)Both A and R are true and R is the correct explanation of A
- b)Both A and R are true, but R is not the correct explanation of A
- c)A is true, but R is false
- d)A is false, but R is true
Correct answer is option 'B'. Can you explain this answer?
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Direction: In the questions given below are two statements labelled a...
Assertion (A): Finance fulfills only the beginning requirement of the business.
Reason (R): Finance is needed only to promote business.
The correct answer is option B - Both A and R are true, but R is not the correct explanation of A.
Explanation:
Finance is an essential aspect of any business. It plays a crucial role in the establishment, growth, and sustainability of a business. Let's analyze the given assertion and reason individually and then evaluate their relationship.
Assertion (A): Finance fulfills only the beginning requirement of the business.
This statement suggests that finance is only required at the initial stage of a business and may not be necessary for its continued operations. However, this assertion is not entirely correct. While finance is indeed crucial during the beginning stages of a business, it continues to be essential throughout its lifetime. Businesses require finance for various activities such as purchasing inventory, paying salaries, investing in new equipment, expanding operations, and managing day-to-day expenses. Therefore, the assertion is partially true but not entirely accurate.
Reason (R): Finance is needed only to promote business.
The reason provided states that finance is necessary solely for promoting the business. This implies that finance is only required for marketing and advertising purposes. However, this reason is not a correct explanation for the assertion. Finance is needed for a wide range of activities beyond just promotion. It is required for the procurement of resources, meeting operational expenses, managing cash flow, and making strategic investments. While finance can certainly be utilized for promoting the business, its scope extends far beyond marketing activities. Therefore, the reason given is not a correct explanation for the assertion.
Conclusion:
In conclusion, while both the assertion and reason are partially true, the reason is not the correct explanation for the assertion. Finance is not limited to fulfilling only the beginning requirement of a business, and its importance extends to various aspects of business operations.
Reason (R): Finance is needed only to promote business.
The correct answer is option B - Both A and R are true, but R is not the correct explanation of A.
Explanation:
Finance is an essential aspect of any business. It plays a crucial role in the establishment, growth, and sustainability of a business. Let's analyze the given assertion and reason individually and then evaluate their relationship.
Assertion (A): Finance fulfills only the beginning requirement of the business.
This statement suggests that finance is only required at the initial stage of a business and may not be necessary for its continued operations. However, this assertion is not entirely correct. While finance is indeed crucial during the beginning stages of a business, it continues to be essential throughout its lifetime. Businesses require finance for various activities such as purchasing inventory, paying salaries, investing in new equipment, expanding operations, and managing day-to-day expenses. Therefore, the assertion is partially true but not entirely accurate.
Reason (R): Finance is needed only to promote business.
The reason provided states that finance is necessary solely for promoting the business. This implies that finance is only required for marketing and advertising purposes. However, this reason is not a correct explanation for the assertion. Finance is needed for a wide range of activities beyond just promotion. It is required for the procurement of resources, meeting operational expenses, managing cash flow, and making strategic investments. While finance can certainly be utilized for promoting the business, its scope extends far beyond marketing activities. Therefore, the reason given is not a correct explanation for the assertion.
Conclusion:
In conclusion, while both the assertion and reason are partially true, the reason is not the correct explanation for the assertion. Finance is not limited to fulfilling only the beginning requirement of a business, and its importance extends to various aspects of business operations.
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Direction: In the questions given below are two statements labelled a...
Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities. Let us understand in-depth the Meaning of Business Finance.
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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer?
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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer?.
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Finance fulfills only the beginning requirement of the business.Reason (R): Finance is needed only to promote business.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'B'. Can you explain this answer?.
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