Finance can be defined as
A) the art of merchandising products and services.
B) the science of the production, distribution, and consumption of wealth.
C) the system of debits and credits.
D) the art and science of managing money.

Question

Quizplus · Accepted Answer

Finance involves the art and science of managing money, including activities like investing, budgeting, financial analysis, and risk management. While understanding the production, distribution, and consumption of wealth can be important in finance, it is not the complete definition. The system of debits and credits is an accounting concept, which is a component of finance but does not fully encompass its meaning. Merchandising products and services is a business practice but is not an accurate definition of finance.

Finance Can Be Defined as