Question

___ could be defined as all of the activities concerned with obtaining money and using it effectively.

Answer 1

Money and its management in the context of business.

Step-by-step explanation:

Business could be defined as all of the activities concerned with obtaining money and using it effectively. Money is what people in a society regularly use when purchasing or selling goods and services. It serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment. Understanding financial institutions, budgeting, investing, credit, and purchasing decisions are all important aspects of managing money effectively.