Which of the following is the correct statement about Finance? O a. It includes all business activities that are related to non- economic activities O b. It is an art and science of managing money. O c. It does not include financial services and financial instruments. d. All of these

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter2: Financial Reporting: Its Conceptual Framework
Section: Chapter Questions
Problem 2MC: Which of the following is considered a constraint on useful information by Statement of Financial...
icon
Related questions
Question
Which of the following is the
correct statement about
Finance?
O a. It includes all business
activities that are
related to non-
economic activities
O b. It is an art and science
of managing money.
O c. It does not include
financial services and
financial instruments.
o d. All of these
Transcribed Image Text:Which of the following is the correct statement about Finance? O a. It includes all business activities that are related to non- economic activities O b. It is an art and science of managing money. O c. It does not include financial services and financial instruments. o d. All of these
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Basic Accounting Terms
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning