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Questions and Answers
Which of the following best describes the evolution of finance?
Which of the following best describes the evolution of finance?
- Finance emerged as a separate field from economics when governments started to invest in businesses.
- Finance has always been a separate field from economics.
- Finance emerged as a separate field from economics when large corporations were created by early industrialists. (correct)
- Finance emerged as a separate field from economics when small businesses started to grow.
What is the main focus of finance?
What is the main focus of finance?
- The process of allocating money and obtaining resources.
- The process of spending and investing money.
- The process of transferring money among individuals, businesses, and governments. (correct)
- The process of earning and raising money.
Why is a course in finance helpful?
Why is a course in finance helpful?
- To understand how to transfer money.
- To understand how to earn and raise money.
- To understand how to spend and invest money.
- To understand how to allocate money. (correct)
Who does finance aim to answer financial queries of?
Who does finance aim to answer financial queries of?
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What does finance involve?
What does finance involve?
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