.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
Q748: Which authority is responsible for collecting taxes?
Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies
Q749: Overhead costs are usually allocated based on:
Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies
Q750: Tax evasion is:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
