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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

Q619: Internal audit is primarily concerned with:

Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies

Q620: Which of the following is not an audit evidence technique?

Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies

Q621: Which ratio measures a company's ability to meet short-term obligations?

Income Statement
Balance Sheet
Cash Flow Statement
Trial Balance
Notes to Accounts

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