Sophia Finance Challenge Exam With Soltions

Sophia Finance Challenge Exam With Soltions
The primary purpose of finance is to
• a.) manage assets in a way that maximizes returns
• b.) keep track of a business's cash flow
• c.) study the effects of the economy on businesses
• d.) pay off debt as quickly as possible
Finance is the study of fund management and
• a.) credi t
• b.) economic s
• c.) accountin g
• d.) asset allocation
Corporate finance focuses primarily on decisions related to
• a.)
distribution and marketing
• b.)
record-keeping and communication
• c.)
production and advertising
• d.)
investment and financing