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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

Q412: Which of the following is a fixed cost?

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

Q413: Tax evasion is:

To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR

Q414: Direct materials are classified as:

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

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