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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): Modem approach is not a continuous process.
Reason (R): Financial manager has to play an important role only at the beginning of enterprise.
- 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...
- The modern approaches include sociological approach, economic approach, psychological approach, quantitative approach, simulation approach, system approach, behavioural approach, Marxian approach etc.
- Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.
Most Upvoted Answer
Direction: In the questions given below are two statements labelled a...
Assertion (A): Modem approach is not a continuous process.
Reason (R): Financial manager has to play an important role only at the beginning of the enterprise.
The correct answer is option 'B' - Both A and R are true, but R is not the correct explanation of A.
Explanation:
The assertion states that the modern approach is not a continuous process, while the reason given is that the financial manager has to play an important role only at the beginning of the enterprise. Let's analyze both statements individually.
Assertion (A): Modem approach is not a continuous process.
The modern approach in the context of financial management refers to the use of advanced techniques, tools, and methods to manage the financial aspects of an organization. This approach involves constantly evaluating and adapting to changes in the business environment. It is not a one-time activity but an ongoing process of improving financial performance.
Financial management is a dynamic field that requires continuous monitoring, analysis, and decision-making. The modern approach includes financial planning, budgeting, forecasting, risk management, capital structure management, and performance evaluation. These activities need to be carried out regularly to ensure the financial stability and growth of the organization.
Therefore, the assertion is incorrect as the modern approach is indeed a continuous process.
Reason (R): Financial manager has to play an important role only at the beginning of the enterprise.
The reason given in the statement is that the financial manager has to play an important role only at the beginning of the enterprise. This reason is not a correct explanation of the assertion.
In reality, the role of a financial manager is crucial throughout the lifespan of an enterprise. The financial manager is responsible for managing the financial resources of the organization, making strategic financial decisions, and ensuring the financial health of the company. This includes activities such as financial planning, budgeting, financial analysis, investment decisions, risk management, and financial reporting.
The financial manager's role is not limited to the beginning of the enterprise but extends to every stage of its existence. They are required to continuously monitor and analyze the financial performance of the organization, adapt to changing business conditions, and make informed financial decisions to ensure the long-term success of the enterprise.
Therefore, the reason is incorrect as the financial manager's role is important throughout the enterprise's lifespan, not just at the beginning.
In conclusion, both the assertion and reason are incorrect. The modern approach is a continuous process, and the financial manager's role is important throughout the lifespan of the enterprise.
Reason (R): Financial manager has to play an important role only at the beginning of the enterprise.
The correct answer is option 'B' - Both A and R are true, but R is not the correct explanation of A.
Explanation:
The assertion states that the modern approach is not a continuous process, while the reason given is that the financial manager has to play an important role only at the beginning of the enterprise. Let's analyze both statements individually.
Assertion (A): Modem approach is not a continuous process.
The modern approach in the context of financial management refers to the use of advanced techniques, tools, and methods to manage the financial aspects of an organization. This approach involves constantly evaluating and adapting to changes in the business environment. It is not a one-time activity but an ongoing process of improving financial performance.
Financial management is a dynamic field that requires continuous monitoring, analysis, and decision-making. The modern approach includes financial planning, budgeting, forecasting, risk management, capital structure management, and performance evaluation. These activities need to be carried out regularly to ensure the financial stability and growth of the organization.
Therefore, the assertion is incorrect as the modern approach is indeed a continuous process.
Reason (R): Financial manager has to play an important role only at the beginning of the enterprise.
The reason given in the statement is that the financial manager has to play an important role only at the beginning of the enterprise. This reason is not a correct explanation of the assertion.
In reality, the role of a financial manager is crucial throughout the lifespan of an enterprise. The financial manager is responsible for managing the financial resources of the organization, making strategic financial decisions, and ensuring the financial health of the company. This includes activities such as financial planning, budgeting, financial analysis, investment decisions, risk management, and financial reporting.
The financial manager's role is not limited to the beginning of the enterprise but extends to every stage of its existence. They are required to continuously monitor and analyze the financial performance of the organization, adapt to changing business conditions, and make informed financial decisions to ensure the long-term success of the enterprise.
Therefore, the reason is incorrect as the financial manager's role is important throughout the enterprise's lifespan, not just at the beginning.
In conclusion, both the assertion and reason are incorrect. The modern approach is a continuous process, and the financial manager's role is important throughout the lifespan of the enterprise.
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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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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?.
Solutions 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): Modem approach is not a continuous process.Reason (R): Financial manager has to play an important role only at the beginning of enterprise.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? in English & in Hindi are available as part of our courses for Commerce.
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