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Acounting & Finance

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

Q367: Which of the following is tax deductible for a business?

Money today is worth more than in the future
Money loses value
Money increases over time
Money never changes
Money is unlimited

Q368: Tax evasion is:

Bond
Debenture
Equity Share
Loan
Preference Share

Q369: Which statement shows the financial position of a company at a point in time?

Return on Investment
Rate of Interest
Revenue on Income
Ratio of Investment
Return on Income

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