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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
Q763: What does ROI stand for in finance?
Return on Investment
Rate of Interest
Revenue on Income
Ratio of Investment
Return on Income
Q764: Which tax is charged directly on income?
Cash
Accounts Receivable
Inventory
Equipment
Prepaid Rent
Q765: Break-even point is where:
Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality
