Which one of the following statement is false?
A. Acquisition of fixed asset is of no concern to the Finance Manager.
B. The Finance Manager has to keep a proper balance in the procurement and use of fund.
C. Finance function is important as any other function in an organisation.
D. Debentures and Loans from financial institutions are very important source of long-term funds.
Answer:A
Which one of the following statement is false?
A. Acquisition of fixed asset is of no concern to the Finance Manager. B. The Finance Manager has to keep a proper balance in the procurement and use of fund. C. Finance function is important as any other function in an organisation. D. Debentures and Loans from financial institutions are very important source of long-term funds.