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At the top of the pyramid of financial behavior is: a)management of cash,b)protection and buffer c)save for a specific purpose,d)asset management.

comment: Pyramid of financial behavior shows a hierarchically structured motifs saving change. At the lowest level of the pyramid is the management of cash (these decisions come down generally to determine how to regulate current liabilities and what possibly do with a possible surplus). More advanced financial behavior is to create a surplus, which will secure liquidity (protection and buffer). A next step is saving for a specific goal, and at the very top of the pyramid there is a wealth management, which is taking care of the protection and multiplication of accumulated material resources.

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Question added by Tomasz Modrzejewski , Python Developer , Freelancer
Date Posted: 2014/08/01
Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

D: (at the very top of the pyramid there is a wealth management)

haytham atwa
by haytham atwa , BUSINESS DEVELOPMENT MANAGER , Bin Mohamed Al Maadeed. (Group Companies)

d)asset management

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

I endorse answer  mr khald mohy and mr hytham atwa  

 

d)asset managemen

mohammed ismail
by mohammed ismail , Group Accounting Manager , AMS Holding Group

The answer is D .Asset Management.

Mian Muhammad Naeem Jan
by Mian Muhammad Naeem Jan , Chief Finance Officer , Management Company

D

Malik Amin Muhammad Khan
by Malik Amin Muhammad Khan , Director Finance and Money Market Dealer , Pakistan Currency Exchange Pvt Lt; Franchise Dollar Shop

wealth management should be at the top of the pyramid

Mohamed Esam Mohamed Kamel
by Mohamed Esam Mohamed Kamel , Financial Analyst , Egyptian Water & Wastewater Regulatory Agency (EWRA)

I agree with Mr. Khaled Mohy Eldin Abbas Mahmoud

 

D) Asset Managment

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The answer D

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

I know that the aim of the Finance is maximizing the shareholders wealth but i don't know whihc of these choices is compatible with this aim

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

The D is the right choice.

P A Cariappa Appaiah
by P A Cariappa Appaiah , back office executive , Inspire Hond

Asset Management, is the , top most priority.

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