Module 1 Flashcards

1
Q

finance

A

management of money
subset of econ
examining future decisions and outcomes

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2
Q

accounting

A

examining past decision and outcomes

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3
Q

financial institutions

A

control money supply and interest rate

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4
Q

financial services

A

brings advice and financial products to individuals and businesses

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5
Q

managerial finances

A

manages financial affairs of businesses

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6
Q

finance questions

A
how to minimize taxation
which project to fund
how to organize firm
how to raise capital
which free agent to sign
how to fund stadium
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7
Q

making educated financial decisions can:

A

improve well being of business and increase value to employer
improve own business
save you money over time at personal level

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