.png)
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
Q682: Which audit opinion is given when financial statements are fairly presented?
Income Statement
Balance Sheet
Cash Flow Statement
Trial Balance
Notes to Accounts
Q683: What does ROI stand for in finance?
Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies
Q684: Which of the following is not an audit evidence technique?
Money today is worth more than in the future
Money loses value
Money increases over time
Money never changes
Money is unlimited
