The world of finance can be divided into three broad areas, the banking system, financial management and investments/financial markets.

Question

Quizplus · Accepted Answer

This statement is true as these are the three main areas within the world of finance. The banking system includes commercial and investment banks, while financial management involves managing the financial resources of an organization. Investments/financial markets include stock and bond markets, as well as other investment vehicles.

The World of Finance Can Be Divided into Three Broad