It analyzes factors that affect decision making related to the management of resources. Financial Contracts false Financial Derivatives false Financial Instruments false Financial Management true Single This axiom highlights the difficulty for businesses to find profitable projects and investments. Incremental Cash Flows false The Curse of Competitive Markets true The Agency Problem false Efficient Capital Markets false Single This decision covers the sources and amounts of financing in the business, whether it is from debt or equity. Investment decision false Resources decision false Financing decision true Asset management decision false Single These are tangible and intangible assets which are used in the production of goods and services. Real assets true Investments false Financial assets false Capital false Single It allows the good effects to reduce risks and cancel out losses. Cash is King false Business Ethics false Diversification true Risk-return Trade-off false Single Under this axiom, investors don’t have opportunities profit from publicly available information. The Agency Problem false Efficient Capital Markets true The Curse of Competitive Markets false The Time Value of Money false Single This axiom reminds businesses to act according to the set of rules and laws that society adopts. Taxes bias business decisions false The agency problem false Diversification false Business Ethics true Single This decision is for businesses to develop, operate, and maintain assets. Asset management decision true Financing decision false Investment decision false Assets decision false Single It studies the areas where finance managers and professionals can enable business owners to evaluate and navigate operations. Financial Contracts false Financial Derivatives false Financial Management true Financial Instruments false Single It is the difference between revenues and expenses and other costs. Profit false Derivatives false Net Profit false Accounting Profit true Single