Financial management draws heavily on the following related disciplines: A) Accounting B) Macroeconomics C) Microeconomics D) All of these

Business Dec 25, 2020

Financial management draws heavily on the following related disciplines:

A) Accounting

B) Macroeconomics

C) Microeconomics

D) All of these

Expert Solution

The answer is D) All of these. Sound financial management calls for a working knowledge of accounting, macroeconomics (top-down view of economic forces and trajectory of an economy), and microeconomics (bottom-up view of economy focused on technical forces of supply and demand).

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