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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
Q7: What is the main objective of an audit?
Money today is worth more than in the future
Money loses value
Money increases over time
Money never changes
Money is unlimited
Q8: Internal audit is primarily concerned with:
Bond
Debenture
Equity Share
Loan
Preference Share
Q9: Direct materials are classified as:
Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio
