Finance Fundamentals Quiz

Finance involves individual, corporate, and public financial activities, while economics is limited to personal finance.

Finance is concerned with assets, while economics is concerned with liabilities.

Finance focuses on money, currency, and capital assets, while economics focuses on production, distribution, and consumption of goods and services. (correct)

Finance is only related to currency, while economics is related to the study of financial systems.

To focus solely on investment management.

To assess the viability, stability, and profitability of an action. (correct)

To eliminate risks in financial actions.

To maximize volatility and minimize value.

Machinery, equipment, and technology.

Currencies, loans, bonds, shares, stocks, options, and futures. (correct)

Real estate, commodities, and artwork.

Labor, land, and raw materials.

<p>To maximize value and minimize volatility.</p> Signup and view all the answers

<p>Financial systems facilitate the buying, selling, or trading of financial instruments.</p> Signup and view all the answers