asked 10.2k views
3 votes
Finance is: a plan of action or policy designed to achieve a major or overall aim of a firm. the study of accumulating and reporting on financial information about the performance, financial position, and cash flows of a business. the detailed coordination of a complex operation involving many people, facilities, or supplies. the science of money management methods of raising funds and managing money. the process of interesting potential customers and clients in your products/services.

1 Answer

5 votes

Answer: The science of money management methods of raising funds and managing money.

Step-by-step explanation:

Finance is the art and science of money. It refers to everything that has to do with the process of generating and managing money.

Finance involves various activities such as banking, credit, capital solicitation, investing etc.

Those Aforementioned activities help players in the field of finance to ensure the efficient working of money for example, banking helps in money management whilst investing leads to the generation of money.

The study of Finance is therefore immensely helpful in the Economy because it shows how money flows and how to use it to meet economic objectives.

answered
User Eddie Yang
by
9.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.