What is the name given to the overall business function of obtaining f
QUESTION
What is the name given to the overall business function of obtaining funds for a company and managing them to accomplish the company’s objectives?
A) finance
B) forecasting
C) budgeting
D) asset collection
E) capital expenditure
ANSWER
Answer: A
Explanation: A) Finance is the business function of obtaining funds for a company and managing them to accomplish the company’s objectives. Budgeting and forecasting are specific functions that fall within the overall area of financing.
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