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Acounting & Finance
Accounting is the practice of recording, summarizing, and reporting financial transactions to provide information for decision-making, while finance is the management of money, including investing, budgeting, and forecasting.
Quiz Questions
Q316: What does ROI stand for in finance?
Bond
Debenture
Equity Share
Loan
Preference Share
Q317: Which of the following is a source of long-term finance?
Income Statement
Balance Sheet
Cash Flow Statement
Trial Balance
Notes to Accounts
Q318: Which costing method assigns costs to activities?
Equity Shares
Trade Credit
Accrued Expenses
Salaries Payable
Cash
