Answered

Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Multiple Choice Question

In any business, funds come into and go out of the business. What business function acquires funds for the firm and then manages those funds on a day-to-day basis?

A. operations
B. production
C. finance
D. accounting

Sagot :

GinnyAnswer

Final answer:

Finance is the key business function that acquires and manages funds daily to ensure operational efficiency and success.


Explanation:

Finance is the business function that acquires funds for the firm and manages those funds on a day-to-day basis. Firms can raise financial capital through early-stage investors, reinvesting profits, borrowing through banks or bonds, and selling stock.

Businesses often rely on credit to finance the purchase of inputs before generating revenues. This is common in scenarios where there is a time gap between incurring costs and receiving income.

Operational decisions in firms are crucial for determining how to produce output efficiently. These decisions involve technical, economic, and cost-effective considerations to ensure successful production.


Learn more about Business finance and operational decisions here:

https://brainly.com/question/51023886


We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.