All of the activities concerned with obtaining money and using it effectively are called
A) financial management.
B) long-term financing.
C) budgeting.
D) financial planning.
E) unsecured financing.

Question

Quizplus · Accepted Answer

Financial management encompasses all activities related to obtaining, managing, and using financial resources effectively. This includes financial planning, budgeting, and long-term financing, as well as other activities such as cash management, investment analysis, and risk management. Therefore, choice A is the best answer.

All of the Activities Concerned with Obtaining Money and Using