MCQ
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion(A): Financial Planning aims at enabling the company to tackle the uncertainty in respect of the availability and timing of the funds.
Reason(R): Capital structure refers to the mix between owners’ and borrowed funds.
Alternatives :
  • A
    Both Assertion (A) is false and Reason (R) are true.
  • B
    Both Assertion (A) and Reason (R) are false.
  • C
    Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion.
  • D
    Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion.

Answer

C. Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion.

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