Question

The finance function of business includes activities such as ______. (Select all that apply)

Answer 1

The finance function of business includes activities such as the following listed below:

• Investing

• Budgeting

• Saving

What is Finance?

This department is vital for acquiring and managing the funds which are used for operations and others in a business enterprise. Finance ensures that the funds aren't looted or misappropriated through the balancing of books and audit.

This department is also useful in the preparation of budget of the business. This depicts how the money is to be spent in other to prevent wastage and other factors such as inflation hence the need to buy in bulk.

This therefore makes the options listed above as the most appropriate choice.

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