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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
Q736: Which costing method assigns costs to activities?
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q737: The time value of money means:
Return on Investment
Rate of Interest
Revenue on Income
Ratio of Investment
Return on Income
Q738: Which of the following is not an audit evidence technique?
Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality
