Finance is the study of how individuals, institutions, governments, and businesses acquire, spend, and manage money and other financial assets. It is a broad field that covers various aspects of financial management like investment management, banking, insurance, risk management, and financial planning. Hence, option A is the best answer.

Solved

Finance Is

Question 42

Multiple Choice

Finance is:

A) the study of how individuals,institutions,governments,and businesses acquire,spend,and manage money and other financial assets
B) the study of how businesses acquire,spend,and manage money and other financial assets
C) the study of how governments,and businesses acquire,spend,and manage money and other financial assets
D) none of the above

Correct Answer: