Intro to Finance and Financial System

It is the sub-category of private finance which is directed towards the management of personal resources of an individual.

These are resources that are expected to provide income and achieve appreciation or growth of the business.

It is the management of money, banking, investments, and credit.

It is an area of finance that focuses on the handling and management of financial resources of a business organization.

It is the allocation of government income generated form either taxation or borrowings and the government expenditure based on the approved national and local budget.

The financial expenditures of a business may cover the ______________ and the capital expenditures.

It is the management of financial resources of private individuals, non-governmental organizations, and private organizations.

These refer to the funds of a business which are provided by the owner or by the creditors.

Finance is both a __________ and an art of correct application of the economic and accounting concepts and principles.

This refers to general environment that can affect the working of all business enterprises.