Write T if statement is correct and F if statement is incorrect. 1. Primary Market is the source of new securities for the secondary market. 2. Initial public offerings of stocks and bonds to investors is done in the primary market and subsequent trading is done in the secondart market. 3. Business Finance is both an art and science of managing the financial resources of an organization. 4. The financial manager has responsibility for obtaining funds and allocating them among alternative projects and specific uses. 5. Timing of return is important; the earlier the return is received, the better because it can reduce the risk or uncertainty and the money received can be reinvested sooner. Identify whether it is Function Of Treasurer or Controller 1. Deciding on financing mix. 2. Insuring Assets