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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

Q451: Internal audit is primarily concerned with:

Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio

Q452: Break-even point is where:

Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies

Q453: VAT is an example of:

Equity Shares
Trade Credit
Accrued Expenses
Salaries Payable
Cash

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