.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
Q727: Which instrument represents ownership in a company?
Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality
Q728: Which of the following is a source of long-term finance?
Bond
Debenture
Equity Share
Loan
Preference Share
Q729: Internal audit is primarily concerned with:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
