The optimal type of economic base is a _____ economic base

Which of the following statements about finance, accounting, and financial management is most correct?

a. Accounting is of no value in decision making. b. Accounting provides the theory and concepts necessary to help managers make better decisions. c. Financial management involves the measurement, in financial terms, of operational events that affect the resources and financing of an organization. d. The primary role of finance is to plan for, acquire, and use resources to maximize the efficiency (and value) of the enterprise. e. Financial management is of no value in decision making.

The National Science Foundation was responsible for many of the

policy decisions that led to the modern Internet. Indicate whether the statement is true or false