GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A business function that includes all business activities that involve money is finance.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Wheeler Meaning of Business Finance includes those business activities that are concerned with the acquisition and conservation of capital funds in meeting the financial needs and overall objectives of a business enterprise.”

Detailed explanation-2: -finance is one of the four functions of business. it includes all business activities that involve money. production is another function it is any activity related to making a product.

Detailed explanation-3: -Financing activities are transactions between a business and its lenders and owners to acquire or return resources. In other words, financing activities fund the company, repay lenders, and provide owners with a return on investment. Financing activities include: Issuing and repurchasing equity.

Detailed explanation-4: -Business finance is the cornerstone of every organization. It refers to the corpus of funds and credit employed in a business. Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities. Precisely, it is required for running all the business operations.

Detailed explanation-5: -What Is Finance? Finance is a term for matters regarding the management, creation, and study of money and investments. It involves the use of credit and debt, securities, and investment to finance current projects using future income flows.

There is 1 question to complete.