[amp_mcq option1=”raising” option2=”mobilizing” option3=”utilizing” option4=”financing” correct=”option1″]<\/p>\n
The correct answer is: A. raising<\/p>\n
The traditional approach confines finance function only to raising funds. This means that the finance department is responsible for finding ways to generate the money that the company needs to operate. This can be done through a variety of methods, such as borrowing money from banks, issuing stocks or bonds, or selling assets.<\/p>\n
The other options are incorrect because they do not accurately reflect the traditional approach to finance. Option B, mobilizing funds, refers to the process of making sure that the funds that have been raised are available when they are needed. Option C, utilizing funds, refers to the process of using the funds to finance the company’s activities. Option D, financing, is a more general term that can refer to any of the activities involved in raising, mobilizing, or utilizing funds.<\/p>\n
In conclusion, the traditional approach confines finance function only to raising funds. This means that the finance department is responsible for finding ways to generate the money that the company needs to operate.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”raising” option2=”mobilizing” option3=”utilizing” option4=”financing” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[945],"tags":[],"class_list":["post-43021","post","type-post","status-publish","format-standard","hentry","category-financial-management","no-featured-image-padding"],"yoast_head":"\n