The correct answer is D. Ensuring discipline in the organization.
Financial management is the process of planning, organizing, and controlling a company’s financial resources. The goal of financial management is to maximize the company’s value for its shareholders. This can be done by maximizing profits, minimizing costs, and ensuring the company’s liquidity.
Ensuring discipline in the organization is not an objective of financial management. This is because discipline is a management issue, not a financial issue. Discipline is important for any organization, but it is not a specific objective of financial management.
A. Maximization of wealth of shareholders is an objective of financial management. This is because the goal of financial management is to maximize the company’s value for its shareholders.
B. Maximization of profits is an objective of financial management. This is because profits are a measure of the company’s financial performance.
C. Mobilization of funds at an acceptable cost is an objective of financial management. This is because the company needs to raise funds to finance its operations. The cost of these funds should be acceptable to the company.