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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
Q715: Overhead costs are usually allocated based on:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q716: Direct materials are classified as:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q717: Which of the following is a fixed cost?
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
