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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

Q688: Tax evasion is:

Return on Investment
Rate of Interest
Revenue on Income
Ratio of Investment
Return on Income

Q689: Which instrument represents ownership in a company?

Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality

Q690: Which ratio measures a company's ability to meet short-term obligations?

Cash
Accounts Receivable
Inventory
Equipment
Prepaid Rent

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