24. Employment of funds with the aim of achieving additional income is known as
(A) Investment
(B) Speculation
(C) Gambling
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Answer:
Employment of funds with the aim of achieving additional income is known as
(A) Investment
(B) Speculation
(C) Gambling
(B) Investment is correct answer.
Answered by
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'Employment of funds with the aim of achieving additional income' is known as - (A) Investment.
- Investing is the process of selling a part of a company or government-owned to generate more revenue. Sales may represent the disposal of an asset or shares in a division of a company or government agency.
- An important reason for investment is to make it easier to redistribute financial and resources for more productive use. Another benefit of investing is debt reduction, which also helps in the process of a corporate restructuring.
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