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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
Q631: The auditor’s report is addressed to:
Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality
Q632: Which of the following is not an audit evidence technique?
Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio
Q633: Which of the following is a liability account?
Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies
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