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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
Q421: Which concept requires accountants to record assets at cost?
Bond
Debenture
Equity Share
Loan
Preference Share
Q422: Overhead costs are usually allocated based on:
Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio
Q423: Which of the following is a fixed cost?
Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio
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