Which of the following most accurately defines the managerial discipline of finance?
A. How an organization generates the funds that flow into the organization
B. How an organization allocates its funds once they are in the organization
C. Any decision relating to money
D. A and B are correct.
E. All of these are correct.
Answer: D. A and B are correct.
Business
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Which function is responsible for creating financial reports that can be used to evaluate the financial performance of the business?
A. Finance B. Management C. Accounting
Business
In computing interest, it is required to consider a 365-day year
Indicate whether the statement is true or false.
Business