Which of the following statements best represents what finance is about?
A)How political,social,and economic factors affect corporations
B)How corporations can maximize profits
C)How to create and maintain economic wealth
D)How to reduce shareholder risk

Question

Quizplus · Accepted Answer

Finance is primarily concerned with creating and maintaining economic wealth, which can include maximizing profits and reducing shareholder risk, but those are secondary to the larger goal of building and sustaining wealth. While political, social, and economic factors can impact corporations, they are not the focus of finance.

Which of the Following Statements Best Represents What Finance Is