Match List-I with List-II

List-I	List-II
Decision	Activity
---	---
(A) Long-term Investment Decision	(I) Choice of Technique
(B) Working Capital Decision	(II) Cash Management
(C) Fixed Capital Decision	(III) Raising capital by issuing shares/debentures
(D) Financing Decision	(IV) Capital Budgeting

Choose the correct answer from the options given below:

Option 1 -> Long-term Investment Decision matches with Capital Budgeting (IV), Working Capital Decision matches with Cash Management (II), Fixed Capital Decision matches with Choice of Technique (I), and Financing Decision matches with Raising capital by issuing shares/debentures (III).

Option 2 -> Incorrectly matches Long-term Investment Decision with Choice of Technique and Working Capital Decision with Raising capital, which are conceptually misaligned.

Option 3 -> Incorrectly matches Long-term Investment Decision with Cash Management and Working Capital Decision with Choice of Technique, which don't correspond to their functional areas.

Option 4 -> Incorrectly matches Long-term Investment Decision with Raising capital and Working Capital Decision with Capital Budgeting, which confuses investment and financing decisions.

Hence, Option 1: (A) - (IV), (B) - (II), (C) - (I), (D) - (III) -> Long-term Investment Decisions involve Capital Budgeting for evaluating long-term projects; Working Capital Decisions involve Cash Management for short-term operations; Fixed Capital Decisions involve Choice of Technique for selecting production methods and fixed assets; Financing Decisions involve Raising capital by issuing shares/debentures to fund business operations -> correct