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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

Q514: Which audit opinion is given when financial statements are fairly presented?

Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies

Q515: Break-even point is where:

Bond
Debenture
Equity Share
Loan
Preference Share

Q516: What does ROI stand for in finance?

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

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