FIN2603

Chapter 1: The financial goal of a firm Any organisation that is managed in accordance with business principles should be able to ensure its survival because it will ... A. maximise its revenue from sales and control its expenses. B. plan its cash inflows and outflows by means of a cash budget. C. keep its cost of financing as low as possible. D. undertake all the above-mentioned financial measures. Answer Key: D Current liabilities can be viewed as ... A. debts that mature in one year or less. ...