Money required for carrying out business activties is called ___________.

financial management

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business finance

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finance

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cost management

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Solution

The correct option is D business finance
Business finance refers to money and credit employed in business. It involves procurement and utilization of funds so that business firms may be able to carry out their operations effectively and efficiently.

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Similar questions

Q. Whenever some people wish to enter into the business world it is a must for them to approach a bank. What services do banks provide them in this regard?
A. Banks act as payment agents by operating current accounts, paying cheques and receiving payments for them.
B. Maintaining account books for them for their day-to- day activities so that they are not required to appoint account/finance personnel on a regular basis.
C. Lending money by way of overdraft, instalment loan, credit or advance for business activities

Q. Which of the following is a part of Financing activities of a business.

A business is part of a financial system in which there are two main parties - households that save money, and firms that invest the money for production. State true or false.

Q. A financial institution where customers can borrow or save money is called a ____.

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Money required for carrying out business activties is called ___________.

The correct option is D business financeBusiness finance refers to money and credit employed in business. It involves procurement and utilization of funds so that business firms may be able to carry out their operations effectively and efficiently.

The correct option is D business finance
Business finance refers to money and credit employed in business. It involves procurement and utilization of funds so that business firms may be able to carry out their operations effectively and efficiently.