Question
Which of the following statements about finance, accounting, and financial management is most correct? a. Accounting is of no value in decision making b. Accounting
Which of the following statements about finance, accounting, and financial management is most correct? a. Accounting is of no value in decision making b. Accounting provides the theory and concepts necessary to help managers make better decisions c. Financial management involves the measurement, in financial terms, of operational events that affect the resources and financing of an organization. d. The primary role of finance is to plan, acquire, and use resources to maximize the efficiency (and value) of the enterprise. e. financial management is of of no value in decision making.
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