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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

Q373: Which of the following is a source of long-term finance?

Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality

Q374: Which ratio measures a company's ability to meet short-term obligations?

Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio

Q375: Which of the following is a fixed cost?

Bond
Debenture
Equity Share
Loan
Preference Share

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