asked 233k views
2 votes
What is finance? The study of a business's past financial decisions The study of how to allocate assets to maximize returns The process of communicating financial information about a business The social science that analyzes the production, distribution and consumption of goods and services

1 Answer

4 votes

Answer: The study of how to allocate assets to maximize returns

Step-by-step explanation:

Finance refers to the study of how to allocate assets to maximize returns. Finance refers to the study, management, and creation of money and investments.

Finance simply explains how economic agents such as the individual, company or government gets money and how such money is being used.

answered
User Donald L Wilson
by
7.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.