money management refers to: a. preparing personal financial statements. b. day-to-day financial activities. c. storing financial records for easy access. d. spending money on current living expenses.

Respuesta :

The answer to this question is B

Answer:

b. day-to-day financial activities

Explanation:

Money management is the act of making decisions about how to use money. In firms, this is a position of great importance and prominence, because the right decisions can increase the company's results, but wrong decisions can cause losses. For example, if the firm receives a $ 1,000,000 down payment, money management consists of deciding what to do with that money, which can be used in a variety of ways, such as investments, input purchases, vendor payments, and more.

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