Question 41 (Mandatory) (1 point) What term is used to identify a business activity that is concerned with determining a firm's long-term investments, obtaining the funds to pay for those investments and conducting the firm's day-to-day financial activities? A) Money markets. B) Finance. C) Leverage. D) Bookkeeping E) Investment. Money markets. Finance. Leverage. Bookkeeping What is the fundamental reason why insurance companies are willing to assure the risk of certain potentially devastating loses for other companies? A) To identify policy holders B) To protect companies against specific loses which they may incur C) To identify the likelihood of specific loses D) To make a profit E) To help small business owners who cannot afford larger loses. To identify policy holders To protect companies against specific loses which they may incur To identify the likelihood of specific loses To make a profit To help small business owners who cannot afford larger loses