Which function manages the financial resources of the firm through portfolio management,banking,credit evaluation,and cash receipts and disbursements?
A)accounting
B)finance
C)materials management
D)distribution

Question

Quizplus · Accepted Answer

Finance is the function that manages the financial resources of the firm through portfolio management, banking, credit evaluation, and cash receipts and disbursements. Accounting focuses on recording and reporting financial transactions, while materials management and distribution deal with managing the flow of goods and materials within the company.

Which Function Manages the Financial Resources of the Firm Through